(a) The amount annually available from the trust fund for the legislative bill developed by the commission is as defined in the Minnesota Constitution, article XI, section 14.

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Terms Used In Minnesota Statutes 116P.11

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization

(b) Any appropriated funds not encumbered by the date the appropriation expires cancel and must be credited to the principal of the trust fund.