Bill Text: MN SF1671 | 2011-2012 | 87th Legislature | Engrossed
Bill Title: Public value impact statements for financial and regulatory impact of proposed legislation
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2012-03-20 - Comm report: To pass as amended and re-refer to Finance [SF1671 Detail]
Download: Minnesota-2011-SF1671-Engrossed.html
1.2relating to state government; requiring public value impact statements for certain
1.3legislation;proposing coding for new law in Minnesota Statutes, chapter 3.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. [3.99] PUBLIC VALUE IMPACT STATEMENT.
1.6(a) If proposed legislation would result in a different level of public spending,
1.7different financial obligations on a unit of local government, or different regulatory
1.8burdens on the private sector, the house of representatives and senate chief authors of the
1.9legislation must each write a written public value impact statement for the bill. A public
1.10value impact statement is the chief author's summary of why the author believes the
1.11changes in spending, financial obligations imposed on a unit of local government, or
1.12regulatory burdens are cost-beneficial. A public value impact statement is not required
1.13for an omnibus finance or revenue bill, or for a bill that the chief author states has been
1.14introduced at the request of the governor or an executive branch agency.
1.15(b) A public value impact statement must include a statement of the expected
1.16outcomes of the bill and how performance of these outcomes can be measured or
1.17evaluated. A public value impact statement must also include, but is not limited to, the
1.18following other items, unless the chief author specifies on the statement that an item is
1.19not applicable to the legislation:
1.20(1) the anticipated costs, benefits, and other measurable effects of the bill to
1.21Minnesota's economy;
1.22(2) the anticipated effects of the bill on the elderly, persons with disabilities, and
1.23Minnesota citizens living in poverty;
2.1(3) assumptions regarding the regulatory benefits and burdens of the bill, and why
2.2the author believes the benefits outweigh the burdens; and
2.3(4) justification for different financial obligations to be imposed on units of local
2.4government.
2.5(c) The public value impact statement for a bill must be prepared and made available
2.6in the senate prior to the bill receiving its first committee hearing in the senate, and in
2.7the house of representatives prior to the bill receiving its first committee hearing in the
2.8house of representatives.
2.9(d) The house of representatives and the senate must each adopt rules specifying a
2.10process under which public value impact statements will be considered by committees
2.11considering bills for which a public value impact statement is required. A public value
2.12impact statement must be maintained with official records of house of representatives
2.13and senate committees.
1.3legislation;proposing coding for new law in Minnesota Statutes, chapter 3.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. [3.99] PUBLIC VALUE IMPACT STATEMENT.
1.6(a) If proposed legislation would result in a different level of public spending,
1.7different financial obligations on a unit of local government, or different regulatory
1.8burdens on the private sector, the house of representatives and senate chief authors of the
1.9legislation must each write a written public value impact statement for the bill. A public
1.10value impact statement is the chief author's summary of why the author believes the
1.11changes in spending, financial obligations imposed on a unit of local government, or
1.12regulatory burdens are cost-beneficial. A public value impact statement is not required
1.13for an omnibus finance or revenue bill, or for a bill that the chief author states has been
1.14introduced at the request of the governor or an executive branch agency.
1.15(b) A public value impact statement must include a statement of the expected
1.16outcomes of the bill and how performance of these outcomes can be measured or
1.17evaluated. A public value impact statement must also include, but is not limited to, the
1.18following other items, unless the chief author specifies on the statement that an item is
1.19not applicable to the legislation:
1.20(1) the anticipated costs, benefits, and other measurable effects of the bill to
1.21Minnesota's economy;
1.22(2) the anticipated effects of the bill on the elderly, persons with disabilities, and
1.23Minnesota citizens living in poverty;
2.1(3) assumptions regarding the regulatory benefits and burdens of the bill, and why
2.2the author believes the benefits outweigh the burdens; and
2.3(4) justification for different financial obligations to be imposed on units of local
2.4government.
2.5(c) The public value impact statement for a bill must be prepared and made available
2.6in the senate prior to the bill receiving its first committee hearing in the senate, and in
2.7the house of representatives prior to the bill receiving its first committee hearing in the
2.8house of representatives.
2.9(d) The house of representatives and the senate must each adopt rules specifying a
2.10process under which public value impact statements will be considered by committees
2.11considering bills for which a public value impact statement is required. A public value
2.12impact statement must be maintained with official records of house of representatives
2.13and senate committees.
