Minnesota HF3177 mandates the preparation and delivery of a bonding bill forecast to the governor and legislature.
Minnesota HF3177 requires the commissioner to prepare a state general obligation bonding bill forecast. This forecast must specify the maximum amount of state general obligation bonds that could be issued and sold. It must be delivered to the governor and legislature according to section 16A.103, subdivision 1. The forecast must also include the debt authorized and unissued, and the borrowing capacity for the next six fiscal years.
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