Mandate Details

Description:	An accounting and explanation, by a home rule charter or statutory city, county, or town that has chosen to transfer 20 percent of uncommitted money received from repayment of funds under the Minn. Investment Fund to the state general fund, of the use and distribution of the remaining 80 percent of the uncommitted money.
Law:	2021 Minn. Laws 1st Spl. Sess. Chap. 10 Art. 2 Sec. 20(b)
Agency(ies)/Supplier(s):	Minn. Dept. of Employment and Economic Development
Due Date:	02/15/2023
Frequency:	One time
Subjects:	Government Finance - Local Government Finance
Committee/Agency Jurisdiction:	Economic Development/Growth Policy and Finance
Note:	This mandate is for reports by home rule charter or statutory cities, counties, or towns, to the Legislature. Report mandated by this law involves activity under Minn. Stat. 116J.8731 (Minn. Investment Fund). The report concerns a onetime exception to restrictions on use of Minn. Investment Fund local government loan repayment funds.

No items received for this mandate.