Budget reserve percentage reporting date modified.
This bill changes the annual deadline for Minnesota's budget reserve report from September 30 to October 30. The commissioner of management and budget must report the recommended percentage of general fund revenue to maintain as a budget reserve to specific legislative committees. The report includes details on whether methodology changes or tax structure shifts affected the recommendation. This is a procedural adjustment to existing reporting requirements under Minnesota Statutes section 16A.152.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 24, 2025
Last action Mar 24, 2025
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Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Mar 24, 2025
Introduced
Introduction and first reading, referred to State Government Finance and Policy
lower
1 primary · 1 co-sponsor
Sponsors
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