Minnesota HF2720 modifies the date for reporting the budget reserve percentage.

Minnesota HF2720 amends the date for the annual report on the budget reserve percentage from September 30 to October 30. The commissioner of management and budget must develop and review a methodology for evaluating the adequacy of the budget reserve based on the volatility of Minnesota's general fund tax structure. The report must specify whether the recommendation was revised due to changes in tax mix or methodology, and include any additional relevant information.

Minnesota HF2720 modifies the date for reporting the budget reserve percentage.

Minnesota HF2720 amends the date for the annual report on the budget reserve percentage from September 30 to October 30. The commissioner of management and budget must develop and review a methodology for evaluating the adequacy of the budget reserve based on the volatility of Minnesota's general fund tax structure. The report must specify whether the recommendation was revised due to changes in tax mix or methodology, and include any additional relevant information.