Minnesota HF3173 prohibits outgoing officials from voting on new municipal debt obligations.
Minnesota HF3173 amends state statutes to prohibit outgoing officials from voting on new municipal debt obligations. An outgoing official is defined as someone serving the remainder of their term after their successor has been elected or appointed. If an outgoing official votes on such matters, their vote will not be counted. This rule does not apply to new obligations subject to approval by a majority of electors.
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