A bill for an act
relating to commerce; establishing the Governor's budget for Department of
Commerce and Public Utilities Commission activities; modifying various provisions
governing commerce and energy policy; appropriating money; amending Minnesota
Statutes 2020, sections 60A.14, subdivision 1; 115C.094; 216B.62, subdivision
3b; 332.31, subdivisions 3, 6, by adding subdivisions; 332.311; 332.32; 332.33,
subdivisions 1, 2, 5, 5a, 7, 8, by adding a subdivision; 332.34; 332.345; 332.355;
332.37; 332.385; 332.40, subdivision 3; 332.42, subdivisions 1, 2; repealing
Minnesota Statutes 2020, section 115C.13.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

ARTICLE 1

COMMERCE AND PUBLIC UTILITIES COMMISSION FINANCE

Section 1. new text beginAPPROPRIATIONS.
new text end

new text begin The sums shown in the columns marked "Appropriations" are appropriated to the agencies
and for the purposes specified in this article. The appropriations are from the general fund,
or another named fund, and are available for the fiscal years indicated for each purpose.
The figures "2022" and "2023" used in this article mean that the appropriations listed under
them are available for the fiscal year ending June 30, 2022, or June 30, 2023, respectively.
"The first year" is fiscal year 2022. "The second year" is fiscal year 2023. "The biennium"
is fiscal years 2022 and 2023.
new text end

new text begin APPROPRIATIONS
new text end
new text begin Available for the Year
new text end
new text begin Ending June 30
new text end
new text begin 2022
new text end
new text begin 2023
new text end

Sec. 2. new text beginDEPARTMENT OF COMMERCE
new text end

new text begin Subdivision 1. new text end

new text begin Total Appropriation
new text end

new text begin $
new text end
new text begin 32,168,000
new text end
new text begin $
new text end
new text begin 31,908,000
new text end
new text begin Appropriations by Fund
new text end
new text begin 2022
new text end
new text begin 2023
new text end
new text begin General
new text end
new text begin 27,541,000
new text end
new text begin 27,281,000
new text end
new text begin Special Revenue
new text end
new text begin 2,060,000
new text end
new text begin 2,060,000
new text end
new text begin Petroleum Tank
new text end
new text begin 1,056,000
new text end
new text begin 1,056,000
new text end
new text begin Workers'
Compensation Fund
new text end
new text begin 761,000
new text end
new text begin 761,000
new text end
new text begin Renewable
Development
new text end
new text begin 750,000
new text end
new text begin 750,000
new text end

new text begin The amounts that may be spent for each
purpose are specified in the following
subdivisions.
new text end

new text begin Subd. 2. new text end

new text begin Financial Institutions
new text end

new text begin 1,669,000
new text end
new text begin 1,687,000
new text end

new text begin $400,000 each year is for a grant to Prepare
and Prosper to develop, market, evaluate, and
distribute a financial services inclusion
program that (1) assists low-income and
financially underserved populations to build
savings and strengthen credit, and (2) provides
services to assist low-income and financially
underserved populations to become more
financially stable and secure. Money
remaining after the first year is available for
the second year.
new text end

new text begin Subd. 3. new text end

new text begin Administrative Services
new text end

new text begin 9,346,000
new text end
new text begin 8,821,000
new text end

new text begin (a) $384,000 each year is for additional
compliance efforts with unclaimed property.
The commissioner may issue contracts for
these services.
new text end

new text begin (b) $5,000 each year is for Real Estate
Appraisal Advisory Board compensation
pursuant to Minnesota Statutes, section
82B.073, subdivision 2a.
new text end

new text begin (c) $350,000 each year is from the general
fund for system modernization and
cybersecurity upgrades for the unclaimed
property program.
new text end

new text begin (d) $564,000 each year is for additional
operations of the unclaimed property program.
new text end

new text begin (e) $832,000 in fiscal year 2022 and $208,000
in fiscal year 2023 are for IT system
modernization. The base amount in fiscal year
2024 and beyond is $0.
new text end

new text begin (f) On the day after final enactment of this act,
the commissioner of commerce must cancel
$1,220,000 from the fiscal year 2021 general
fund appropriation for the administrative
services program under Laws 2019, First
Special Session chapter 7, article 1, section 6,
subdivision 3, to the general fund.
new text end

new text begin Subd. 4. new text end

new text begin Telecommunications
new text end

new text begin 3,133,000
new text end
new text begin 3,150,000
new text end