Minnesota Statutes
Chapter 16A — Department Of Management And Budget
Section 16A.642 — State Bonds: Reports; Cancellations.

Subdivision 1. Reports. (a) The commissioner of management and budget shall report to the chairs of the senate Committee on Finance and the house of representatives Committees on Ways and Means and Capital Investment by January 1 of each year on the following:
(1) all laws authorizing the issuance of state bonds, bonds supported by a state appropriation, or appropriating general fund money for state or local government capital investment projects enacted more than four years before January 1 of that year; the projects authorized to be acquired and constructed for which less than 100 percent of the authorized total cost has been expended, encumbered, or otherwise obligated; the cost of contracts to be let in accordance with existing plans and specifications shall be considered expended for this report; and the amount of general fund money appropriated but not spent or otherwise obligated, and the amount of bonds not issued and bond proceeds held but not previously expended, encumbered, or otherwise obligated for these projects; and
(2) all laws authorizing the issuance of state bonds, bonds supported by a state appropriation, or appropriating general fund money for state or local government capital programs or projects other than those described in clause (1), enacted more than four years before January 1 of that year; and the amount of general fund money appropriated but not spent or otherwise obligated, and the amount of bonds not issued and bond proceeds held but not previously expended, encumbered, or otherwise obligated for these programs and projects.
(b) The commissioner shall also report on general fund appropriations for capital projects, bond authorizations or bond proceed balances that may be canceled because projects have been canceled, completed, or otherwise concluded, or because the purposes for which the money was appropriated or bonds were authorized or issued have been canceled, completed, or otherwise concluded. The general fund appropriations, bond authorizations or bond proceed balances that are unencumbered or otherwise not obligated that are reported by the commissioner under this subdivision are canceled, effective July 1 of the year of the report, unless specifically reauthorized by act of the legislature.
(c) The reports required by this subdivision shall only contain bond authorizations supported by a state appropriation and their associated general fund appropriations for projects authorized or amended after December 31, 2013.
Subd. 2. Cancellation. (a) If the commissioner determines that the purposes for which general obligation bonds of the state or bonds supported by a state appropriation have been issued or for which general fund monies were appropriated are accomplished or abandoned, after consultation with the affected agencies, and there is a remaining authorization or appropriation for a specific project of $500 or less, the commissioner may cancel the remaining authorization or appropriation for that project. Bonds supported by a state appropriation shall only be canceled if they were authorized or amended after December 31, 2013.
(b) If a premium received on the sale of bonds is credited to the bond proceeds fund, pursuant to section 16A.641, subdivision 7, paragraph (b), the corresponding bond authorization to which the premium is attributable must be reduced accordingly by the commissioner.
(c) The commissioner must notify the chairs of the senate Finance Committee and the house of representatives Capital Investment Committee of any bond authorizations, including bond authorizations supported by a state appropriation, or general fund appropriations canceled under this subdivision.
Subd. 3. Application of unused bond proceeds. All canceled bond proceeds shall be transferred to the state bond fund and used to pay or redeem bonds from which they were derived.
Subd. 4. General fund cancellations. All canceled general fund appropriations for capital improvement projects under this section are canceled to the general fund.
1Sp1995 c 2 art 1 s 16; 1997 c 202 art 2 s 20,21; 2000 c 492 art 1 s 29; 2003 c 112 art 1 s 13; 1Sp2003 c 1 art 2 s 38; 2009 c 101 art 2 s 109; 1Sp2011 c 12 s 27; 2014 c 294 art 2 s 2,3; 2018 c 214 art 2 s 3

Structure Minnesota Statutes

Minnesota Statutes

Chapters 16A - 16E — Administration And Finance

Chapter 16A — Department Of Management And Budget

Section 16A.01 — Department Of Management And Budget; Commissioner; Employees.

Section 16A.011 — Definitions.

Section 16A.012 — Warrants; Discounts.

Section 16A.013 — Gifts; Acceptance.

Section 16A.014 — Administration Of Gifts.

Section 16A.015 — Investment Of Gifts.

Section 16A.016 — Payment; Appropriation.

Section 16A.04 — Budget And Cash Projection.

Section 16A.041 — Rulemaking.

Section 16A.055 — Commissioner's Duties.

Section 16A.056 — Website With Searchable Database On State Expenditures.

Section 16A.0561 — Mapped Data On Expenditures.

Section 16A.057 — Internal Controls And Internal Auditing.

Section 16A.06 — Additional Commissioner Duties And Powers.

Section 16A.061 — May Issue Commemorative Medallions.

Section 16A.065 — Prepay Software, Subscriptions, United States Documents.

Section 16A.095 — State Budget System.

Section 16A.10 — Budget Preparation.

Section 16A.101 — Service Contracts; Expenditures.

Section 16A.102 — Budgeting Revenues Relative To Personal Income.

Section 16A.103 — Forecasts Of Revenue And Expenditures.

Section 16A.105 — Debt Capacity Forecast.

Section 16A.11 — Budget To Legislature.

Section 16A.115 — Relocation Requests.

Section 16A.122 — Work Force Planning And Reporting.

Section 16A.124 — Prompt Payment Of State Agency Bills Required.

Section 16A.1245 — Prompt Payment To Subcontractors.

Section 16A.126 — Revolving Fund Billing.

Section 16A.127 — Indirect Costs.

Section 16A.1283 — Legislative Approval Required For Fees.

Section 16A.1285 — Departmental Earnings; Charges Levied By Agency.

Section 16A.125 — State Trust Lands.

Section 16A.1286 — Statewide Systems Account.

Section 16A.129 — Other Commissioner Powers.

Section 16A.13 — Federal Tax Withholding.

Section 16A.131 — Deductions For United States Securities, Transit Cards.

Section 16A.133 — Credit Union, Parking, Other Deductions.

Section 16A.134 — Charitable Organizations Payroll Deductions.

Section 16A.138 — Officials Not To Exceed Appropriation.

Section 16A.139 — Misappropriation Of Money.

Section 16A.14 — Allotment And Encumbrance System.

Section 16A.15 — Accounting System; Allotment And Encumbrance.

Section 16A.151 — Proceeds Of Litigation Or Settlement.

Section 16A.152 — Budget Reserve And Cash Flow Accounts.

Section 16A.155 — Refunds; Charged When Paid.

Section 16A.17 — Preparation Of State Payroll.

Section 16A.18 — Accounting, Payroll For Courts, Legislature.

Section 16A.19 — Retirement, Social Security Deficiencies.

Section 16A.25 — Sale Of Securities Before Maturity.

Section 16A.26 — One Depository Account For Each Tax.

Section 16A.27 — State Funds; Deposit; Control By Commissioner.

Section 16A.271 — Depositories, Designation.

Section 16A.272 — Deposits Of Certain Funds Of Public Corporations, Security.

Section 16A.273 — Inducements To Make Deposits.

Section 16A.275 — Agency Receipts; Deposit, Report, Credit.

Section 16A.276 — Cash Overage And Shortage Account.

Section 16A.28 — Treatment Of Unused Appropriations.

Section 16A.281 — Appropriations To Legislature.

Section 16A.283 — Appropriations To Courts.

Section 16A.284 — Appropriations To Constitutional Officers.

Section 16A.285 — Allowed Appropriation Transfers.

Section 16A.36 — Grants From And Advances To United States.

Section 16A.40 — Warrants And Electronic Fund Transfers.

Section 16A.401 — Virtual Payments Authorized.

Section 16A.41 — Claims Against State.

Section 16A.42 — Claims: Form, Approval, Register.

Section 16A.43 — Warrant A Receipt.

Section 16A.44 — Commissioner May Compel Testimony.

Section 16A.45 — Outstanding Unpaid Warrants, Cancellation.

Section 16A.46 — Lost Or Destroyed Warrant Duplicate; Indemnity.

Section 16A.461 — Duplicate Bonds Issued.

Section 16A.462 — Execution Of Duplicates.

Section 16A.463 — Delivery Of Duplicates; Bond.

Section 16A.464 — Bond, When Canceled.

Section 16A.47 — Commissioner's Account, Document Duties.

Section 16A.48 — Refund Of Erroneous Deposits.

Section 16A.49 — Refunds Of $1 Or Less.

Section 16A.50 — Financial Report To Legislature.

Section 16A.501 — Report On Expenditure Of Bond Proceeds.

Section 16A.502 — Nonstate Commitments To Capital Projects.

Section 16A.53 — Bookkeeping Accounts.

Section 16A.531 — Funds Created.

Section 16A.532 — Minnesota State Colleges And Universities Enterprise Account.

Section 16A.54 — General Fund Defined.

Section 16A.56 — Commissioner's Receipt And Claim Duties.

Section 16A.57 — Appropriation, Allotment, And Warrant Needed.

Section 16A.575 — Appropriations; Not Disclosing Source.

Section 16A.58 — Commissioner Custodian Of Payment Documents.

Section 16A.61 — Certificate Money To General Fund.

Section 16A.62 — Money In Abolished Fund To General Fund.

Section 16A.626 — Electronic Payments.

Section 16A.631 — Bond Proceeds Fund.

Section 16A.632 — Capital Asset Preservation And Replacement Account.

Section 16A.633 — Capital Funding; Maintaining Data And Reporting.

Section 16A.641 — State Bonds; Appropriations.

Section 16A.642 — State Bonds: Reports; Cancellations.

Section 16A.643 — Assessments If Agency Must Pay Debt Service.

Section 16A.645 — Gopher State Bonds.

Section 16A.646 — Zero Coupon Bonds.

Section 16A.647 — Tax Credit And Interest Subsidy Bonds.

Section 16A.66 — Refunding Bonds.

Section 16A.661 — General Obligation Special Tax Bonds.

Section 16A.662 — Infrastructure Development Bonds.

Section 16A.671 — Certificates Of Indebtedness.

Section 16A.672 — Bonds And Certificates Of Indebtedness.

Section 16A.673 — Certificates Of Indebtedness Issued By State, Negotiability.

Section 16A.675 — Persons Executing Obligations Not Liable.

Section 16A.68 — Federal Funds To The Game And Fish Account.

Section 16A.69 — Appropriations Into Single Project Account.

Section 16A.695 — State Bond Financed Property.

Section 16A.72 — Income Credited To General Fund; Exceptions.

Section 16A.721 — State Seminar Fees, Appropriation.

Section 16A.722 — Loss Or Damage To State Property.

Section 16A.723 — Governor's Residence; Reimbursement Of Expenses.

Section 16A.724 — Health Care Access Fund.

Section 16A.726 — Sports Facilities Transfers; Appropriations.

Section 16A.727 — Backup Revenues; Football Stadium Funding.

Section 16A.79 — Matching Federal Appropriations.

Section 16A.81 — Technology Development Lease-purchase Financing.

Section 16A.85 — Master Lease.

Section 16A.86 — Capital Project Grants To Political Subdivisions.

Section 16A.88 — Transit Assistance Fund.

Section 16A.90 — Employee Gainsharing System.

Section 16A.93 — Minnesota Pay-for-performance Act.

Section 16A.94 — Pay-for-performance Program.

Section 16A.96 — Minnesota Pay-for-performance Program; Appropriation Bonds.

Section 16A.963 — Electric Vehicle Infrastructure Appropriation Bonds.

Section 16A.964 — Public Television Equipment Appropriation Bonds.

Section 16A.965 — Stadium Appropriation Bonds.

Section 16A.966 — Response To Releases Appropriation Bonds.

Section 16A.967 — Lewis And Clark Appropriation Bonds.

Section 16A.968 — Duluth Regional Exchange District Appropriation Bonds.

Section 16A.97 — Tobacco Bonds.

Section 16A.98 — Tobacco Securitization Bonds.

Section 16A.99 — Tobacco Appropriation Bonds.