Minnesota 2023-2024 Regular Session

Minnesota House Bill HF4753

Introduced
3/7/24  
Refer
3/7/24  
Refer
3/21/24  
Report Pass
4/4/24  
Engrossed
4/15/24  

Caption

General fund surplus dollars required to be allocated to the disaster assistance contingency account.

Impact

If passed, HF4753 would directly affect state laws regarding financial management and disaster response. By committing surplus funds to the disaster assistance contingency account, the bill would facilitate a more proactive approach in addressing potential disasters. This measure could significantly improve the state's capability to respond quickly and efficiently to emergencies, potentially reducing the economic and social impact of disasters on affected communities.

Summary

House File 4753 aims to ensure that general fund surplus dollars are allocated specifically to the disaster assistance contingency account. This financial measure is intended to enhance the state's preparedness and responsiveness to disasters by securing a dedicated funding source. The primary objective of this bill is to ensure that resources are readily available for disaster assistance when needed, minimizing the delay in response during emergencies.

Contention

Although the bill appears to have broad support, there may be discussions around the implications of allocating surplus funds. Some lawmakers might express concerns regarding the long-term fiscal health of the general fund, questioning whether allocating surplus dollars to this specific account could limit future spending flexibility in other critical areas, such as education or infrastructure. Nevertheless, proponents argue that investing in disaster preparedness is a vital responsibility that can prevent greater costs associated with unaddressed disasters.

Companion Bills

MN SF4848

Similar To General fund surplus dollars allocation to the disaster assistance contingency account requirement

Previously Filed As

MN HF3771

Reporting date on the disaster assistance contingency account.

MN SF3958

Disaster assistance contingency account reporting date modification

MN HF5133

Supplemental Nutrition Assistance Program contingency appropriation established, and report required.

MN HF3180

Essential public health functions contingency account established, report required, money transferred to essential public health functions contingency account, commissioner of health funding provided, and money appropriated.

MN SF4302

Budget reserve limit conformation to the existing amount in the budget reserve account provision

MN HB151

Allocate state revenue surplus to fund road and bridge projects

MN SF5020

Information technology modernization account establishment

MN HB180

Use Of Emergency Funds & Disasters

MN SF2321

Local government requirement to establish replacement accounts to maintain and replace capital projects that receive state funding

MN SF4112

Essential public health functions contingency account establishment

Similar Bills

No similar bills found.