This bill amends Minnesota Statutes 2024, section 471.6161, by adding a new subdivision that mandates annual reporting on health insurance costs for school districts and charter schools. Starting July 1, 2026, the Legislative Budget Office will send a survey to these entities, which must be completed and returned by September 1 each year. The survey will collect detailed information regarding employee participation in health insurance plans, premium costs, and various compensation structures related to health insurance brokers. The Legislative Budget Office is also required to compile this data and produce an annual report by December 1, which will be made publicly available on its website.

Additionally, the bill appropriates $18,000 for fiscal year 2026 and $74,000 for fiscal year 2027 from the general fund to support the Legislative Budget Office in fulfilling the reporting requirements. The base appropriation for subsequent years is set at $36,000 for fiscal year 2028 and beyond. This funding is intended to ensure that the Legislative Budget Office can effectively gather and analyze the necessary data to provide insights into health insurance costs within the education sector.

Statutes affected:
Introduction: 124D.992
1st Engrossment: 471.6161
2nd Engrossment: 471.6161