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Taxes

FORTY-FIFTH MEETING

2013-2014 Regular Session - Tuesday, March 25, 2014

STATE OF MINNESOTA FORTY-FIFTH MEETING
HOUSE OF REPRESENTATIVES EIGHTY-EIGHTH SESSION

COMMITTEE ON TAXES
Chair, Representative Ann Lenczewski

MINUTES

Representative Lenczewski, Chair of Committee on Taxes, called the meeting to order at 12:40 PM March 25, 2014 in Room 10 of the State Office Building.

The Committee Legislative Assistant noted the roll.


Members present:
Lenczewski, Chair
Loeffler, Vice Chair
Davids, Lead
Anderson, S.
Anzelc
Barrett
Benson, J.
Carlson
Davnie
Drazkowski
Erhardt
Garofalo
Hansen
Lesch
Liebling
Lillie
Loon
Mack
Marquart
Melin
Myhra
Peppin
Runbeck
Schoen
Simonson
Slocum

Members excused:
Paymar
Zellers


A quorum was present.

The following bills were referred to the Division:


HF 3249
HF 3245
HF 3218
HF 3192
HF 3142
HF 3116
HF 3086
HF 3082
HF 3024
HF 3022
HF 2975
HF 2971
HF 2963


Chair Lenczewski moved HF 1982. HF 1982 was laid over for possible inclusion to an omnibus tax bill.

Chair Lenczewski moved HF 3170. HF 3170 was laid over for possible inclusion to an omnibus tax bill.

Chair Lenczewski moved HF 3167. HF 3167 was laid over for possible inclusion to an omnibus tax bill.

Representative Davids moved the minutes from March 20, 2014. The motion prevailed. The minutes from March 20, 2014 were adopted.

Nina Manzi of House Research presented information on budget reserves.

The following individuals gave a presentation on budget reserves:

Mary Murphy, Senior Associate, State Fiscal Health and Economic Growth
Brenna Erford, Manager, State Fiscal Health and Economic Growth
Matt Scheoppner, Minnesota Management & Budget
Margaret Kelly, Minnesota Management & Budget


The meeting was adjourned at 2:05 PM.




___________________________
Representative Ann Lenczewski, Chair



_________________________________________
Gina Kunesh, Committee Legislative Assistant
More Info On This Meeting..
House TV Video:
View Archive

06:10 - Gavel.
10:42 - The committee moved the following bills and laid them over:.
• HF1982 (Erhardt) Budget reserve increased, and priorities set for additional forecast revenues.
• HF3170 (Lenczewski) General Fund budget reserve level policy established, budget reserve increased, and fund transfer authorized.
• HF3167 (Lenczewski) State financial management additional revenue priorities modified, and contingent transfers to the budget reserve provided.
11:44 - Presentations on budget reserves:.
• Pew Charitable Trusts.
• Minnesota Management & Budget.
Runs 1 hour, 26 minutes.


Presentations on budget reserves:
Pew Charitable Trusts
Mary Murphy, Senior Associate, State Fiscal Health and Economic Growth
Brenna Erford, Manager, State Fiscal Health and Economic Growth
Minnesota Management & Budget
Matt Scheoppner, Economist
HF1982 (Erhardt) Budget reserve increased, and priorities set for additional forecast revenues.
HF3170 (Lenczewski) General fund budget reserve level policy established, budget reserve increased, and fund transfer authorized.
HF3167 (Lenczewski) State financial management additional revenue priorities modified, and contingent transfers to the budget reserve provided.