This update is from Elaine Keefe, MLA/MEMO Library Legislative Lobbyist
State Economic Forecast: A new state economic forecast was released today, and it contains good news. The projected budget deficit for the next biennium has shrunk to $627 million. This is an improvement of $463 million over the $1.1 billion deficit that was projected in December.
The forecast also contains good news for the current biennium. The state is now projected to end the current biennium with a positive balance of $295 million. Under current law, $5 million of that will go into the state’s budget reserve and $290 million will go to repay the education funding shift.
Budget Process: Governor Dayton is expected to issue a revised budget proposal in about two weeks. Soon after that, legislative leaders will set budget targets. House rules require a budget resolution to be adopted no later than March 25, but House leaders have said they hope to do it sooner. Senate leaders will also set budget targets, but the Senate does not adopt a formal budget resolution in public.
Data Privacy: Our data privacy bill for public libraries, HF 695/SF 745, will be heard on Friday in the House Data Practices Subcommittee and on Tuesday, March 5 in the Senate Judiciary Committee.
Minitex/MnLINK: Our bill providing a funding increase for Minitex and MnLINK will be introduced in the House this afternoon. Rep. Ryan Winkler (DFL – Golden Valley) is the chief author. Co-authors are Rep. Bud Nornes (R – Fergus Falls) and Rep. Kathy Brynaert (DFL – Mankato).
Elaine Keefe Capitol Hill Associates
525 Park Street, Suite 310
St. Paul, MN 55103