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Senate Counsel, Research
and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 3097 - 2018 Public Finance Bill (First Engrossment)
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Author:
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Senator Roger C. Chamberlain
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Prepared By:
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Eric S. Silvia, Senate Counsel (651/296-1771)
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Date:
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March 22, 2018
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Section 1. Interest. Modifies the interest rate charged on drainage lien principal so that the interest rate may not exceed the rate set by the State Court Administrator, or six percent, whichever is greater.
Section 2. Any relief under bankruptcy code. Deletes an outdated reference to the United States Bankruptcy Code.
Section 3. Definitions. Updates a cross-reference to the definition of “municipality” for purposes of capital improvement bonds.
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Check on the status of this bill
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Back to Senate Counsel and Research Bill Summaries page
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This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
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Last review or update: 03/22/2018
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