Date timeline | Description |
---|---|
July 1 | State fiscal year begins each year, and in odd-numbered years, state fiscal biennium begins. |
July through December | Groundwork is laid for upcoming legislative session. Ongoing budget activity, budget-related events, trends, and issues are analyzed for their fiscal policy implications. Budget divisions, committees, and legislative commissions hold special meetings to examine pending issues. |
End of November | Minnesota Management and Budget issues November Forecast of state revenues and expenditures. |
Beginning of January | Legislature convenes, begins official budget hearings and committee hearings to discuss pertinent issues and bills. Staff drafts bills and amendments upon request of Senators. |
Fourth Tuesday in January in odd-numbered years, or third Tuesday in February, if a new governor has just been elected. | Governor issues detailed budget for following biennium. |
Mid February | Governor issues detailed budget and policy bills for the next biennium. |
End of February | Minnesota Management and Budget issues February Forecast of state revenues and expenditures. |
March to June | Legislature finishes committee and budget hearings, bills are debated and voted on in floor sessions, and conference committees meet to finalize bills. Governor signs or vetoes legislation. |
Monday following third Saturday in May | Constitution mandates end of regular session. |
Alexis Stangl, Director
Front Desk: (651) 296-4791
Suite 3300