Bill Text: MN SF1671 | 2011-2012 | 87th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Public value impact statements for financial and regulatory impact of proposed legislation
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2012-03-20 - Comm report: To pass as amended and re-refer to Finance [SF1671 Detail]
Download: Minnesota-2011-SF1671-Introduced.html
Bill Title: Public value impact statements for financial and regulatory impact of proposed legislation
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2012-03-20 - Comm report: To pass as amended and re-refer to Finance [SF1671 Detail]
Download: Minnesota-2011-SF1671-Introduced.html
1.2relating to state government; requiring public value impact statements for certain
1.3legislation;proposing coding for new law in Minnesota Statutes, chapter 3.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. [3.99] PUBLIC VALUE IMPACT STATEMENT.
1.6(a) If proposed legislation would result in a new or increased level of public
1.7spending, impose new or increased financial obligations on a unit of local government,
1.8or impose new regulatory burdens on the private sector, the house of representatives and
1.9senate chief authors of the legislation must prepare a written public value impact statement
1.10for the bill. A public value impact statement is the chief author's summary of why the
1.11author believes the new spending, the increased financial obligations imposed on a unit of
1.12local government, or the new regulatory burdens are cost-beneficial.
1.13(b) A public value impact statement must include a statement of the expected
1.14outcomes of the bill and how performance of these outcomes will be measured or
1.15evaluated. A public value impact statement must also include, but is not limited to, the
1.16following other items, unless the chief author specifies on the statement that an item is
1.17not applicable to the legislation:
1.18(1) the anticipated costs and benefits of the bill to Minnesota's economy;
1.19(2) the anticipated effects of the bill on the elderly, persons with disabilities, and
1.20Minnesota citizens living in poverty;
1.21(3) the regulatory benefits and burdens of the bill, and why the author believes the
1.22benefits outweigh the burdens; and
1.23(4) justification for increased financial obligations to be imposed on units of local
1.24government.
2.1(c) The house of representatives and the senate must each adopt rules specifying a
2.2process under which public value impact statements will be considered by committees
2.3considering bills for which a public value impact statement is required. A public value
2.4impact statement must be maintained with official records of house of representatives
2.5and senate committees.
1.3legislation;proposing coding for new law in Minnesota Statutes, chapter 3.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. [3.99] PUBLIC VALUE IMPACT STATEMENT.
1.6(a) If proposed legislation would result in a new or increased level of public
1.7spending, impose new or increased financial obligations on a unit of local government,
1.8or impose new regulatory burdens on the private sector, the house of representatives and
1.9senate chief authors of the legislation must prepare a written public value impact statement
1.10for the bill. A public value impact statement is the chief author's summary of why the
1.11author believes the new spending, the increased financial obligations imposed on a unit of
1.12local government, or the new regulatory burdens are cost-beneficial.
1.13(b) A public value impact statement must include a statement of the expected
1.14outcomes of the bill and how performance of these outcomes will be measured or
1.15evaluated. A public value impact statement must also include, but is not limited to, the
1.16following other items, unless the chief author specifies on the statement that an item is
1.17not applicable to the legislation:
1.18(1) the anticipated costs and benefits of the bill to Minnesota's economy;
1.19(2) the anticipated effects of the bill on the elderly, persons with disabilities, and
1.20Minnesota citizens living in poverty;
1.21(3) the regulatory benefits and burdens of the bill, and why the author believes the
1.22benefits outweigh the burdens; and
1.23(4) justification for increased financial obligations to be imposed on units of local
1.24government.
2.1(c) The house of representatives and the senate must each adopt rules specifying a
2.2process under which public value impact statements will be considered by committees
2.3considering bills for which a public value impact statement is required. A public value
2.4impact statement must be maintained with official records of house of representatives
2.5and senate committees.
