Money transferal from the family and medical benefit insurance account to the general fund

Summary

The bill requires the commissioner of management and budget to move $70 million in a one‑time transfer from the family and medical benefit insurance account, created under the Minnesota Paid Leave Law, to the state’s general fund. The transfer must occur by June 30, 2026 and takes effect the day after the law is enacted. This shifts money earmarked for paid‑leave insurance into the broader state budget.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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