Bill
HF 4666
The bill would transfer money from Minnesota’s Family and Medical Benefit Insurance account to the General Fund, reallocating dedicated funds to general state expenses.
HF 4666 (Minnesota 2025-2026) – Money transferred from the family and medical benefit insurance account to the general fund
Overview
- Jurisdiction: Minnesota
- Session: 2025-2026
- Title: Money transferred from the family and medical benefit insurance account to the general fund
- Status: Introduced and referred to the Workforce, Labor, and Economic Development Finance and Policy committee (as of 2026-03-25)
- Sponsor: Representative Paul Torkelson (co-sponsor)
Purpose and intent
- The bill proposes transferring funds from the Family and Medical Benefit Insurance (FMLI) account to the state General Fund.
- The underlying aim is to reallocate or repurpose revenue/appropriations currently held in or generated by the FMLI program to cover general state obligations or deficits, rather than maintaining or expanding dedicated FMLI spending.
Key provisions (as inferred from the title and action history)
- Financial transfer: The primary mechanism is a transfer of money from the FMLI account directly to the General Fund. This implies moving year-end balance, reserve funds, or ongoing revenues earmarked for the FMLI program into the state’s general treasury.
- Allocation framework: The bill would specify how the transferred funds are to be used once deposited in the General Fund (e.g., to fund ongoing state operations, debt service, or other general expenditures) — the exact allocation would be detailed in the bill’s text.
- Timing: The bill would set a schedule for when the transfer occurs (e.g., at fiscal year-end or a specific date) and whether the transfer is one-time or recurring.
- Oversight and compliance: Provisions may establish reporting requirements or fiscal oversight to ensure proper accounting and to monitor the impact on the FMLI program and on general state finances.
Who is affected
- Family and Medical Benefit Insurance program stakeholders: The FMLI account would experience a change in its funds, potentially reducing its reserve or dedicated funding stream.
- Minnesota General Fund: Receives a transfer of funds, increasing its balance for use according to state fiscal priorities.
- State agencies and taxpayers: The reallocation could impact funding levels for programs previously financed by the FMLI account and influence overall budget dynamics and service delivery.
- Employers and employees: Indirect effects may arise if FMLI-based benefits or employer contributions are perceived as affected, depending on the scale and permanence of the transfer.
Procedural and timeline considerations
- Introduction and first reading: The bill was introduced and referred to the Workforce, Labor, and Economic Development Finance and Policy committee on 2026-03-25.
- Next steps: Committee hearings, possible amendments, and votes would determine whether the bill advances to the floor for debate and passage. If passed, it would move to the other chamber (Senate) and, ultimately, to the governor for signature or veto.
- Fiscal note and impact: A fiscal note would typically accompany the bill, detailing the estimated size of the transfer, short-term and long-term effects on the FMLI program, and overall state finances.
Notes
- The provided information is limited to the bill’s title, sponsor, and introductory action. The exact dollar amounts, timing, and statutory language are necessary to give a precise assessment of the transfer’s magnitude, fiscal impact, and compliance requirements. Access to the bill’s full text would enable a more detailed, point-by-point summary of provisions, exceptions, and implementation steps.
Compiled from official sources — confirm details with the bill’s official record.
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