State officials offered good economic news Thursday, predicting Minnesota will have a $1.54 billion budget surplus for the upcoming biennium.
Minnesota Management and Budget, which oversees the state’s finances, released its November Forecast. It is one of two annual forecasts done to provide an update on Minnesota’s financial health by examining spending, predicted revenues and a variety of other economic factors.
Commissioner Myron Frans said the surplus is due to greater-than-projected revenue and expenditures that were lower than previously predicted. He said the state’s budget reserve, which has now surpassed $2 billion, is the largest in Minnesota history.
“I’m smiling today because this is really good financial news,” he said.
The House set its sights Wednesday on closing a loophole that allows someone convicted of drunken driving to still legally operate a snowmobile or all-terrain vehicle.
The House signed off on an expansion for Regions Hospital Wednesday, just weeks after the Department of Health said its plan wasn’t in the public interest.
Lawmakers are entertaining the idea of allowing liquor sales in retail stores, a proposal that drew clear dividing lines Wednesday between grocery stores and liquor store groups.
House lawmakers agreed Tuesday to extend a one-year halt on allowing the Department of Transportation to enforce permitting requirements related to ditch mowing along state highways.
With five days left in the legislative session, the House cleared one of the biggest hurdles it had heading into 2018: conforming Minnesota’s tax code to the recent federal overhaul.
The Department of Human Services would be ordered to consider reforming child care provider regulations, under a bill that passed the House Tuesday.
Employment protections for those who care for someone under quarantine would be extended under a bill passed 127-0 Tuesday by the House.
After a weekend of work behind the scenes, the conference committee on the omnibus supplemental budget began adopting the compromise language Monday.
The House passed a bill Tuesday that proponents say would expand transparency for patients looking to save money on health care costs.
Winning a number of key races in the Twin Cities suburbs, the DFL picked up 18 seats and will hold a 75-59 advantage when the House convenes Jan. 8, 2019.
'A very successful session?' Or, 'a debacle?' The reviews are mixed in the immediate aftermath of the 2018 session.
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