Requirement for state forecast to account for rate of inflation eliminated.

HF 2790 eliminates a requirement in Minnesota's state budget forecasting process that previously mandated the state to exclude inflation from expenditure estimates. Specifically, it amends Minnesota Statutes section 16A.103 to remove the provision stating that "expenditure estimates must not include an allowance for inflation." The bill directly affects the state commissioner of finance, who must now prepare budget forecasts without needing to formally exclude inflation adjustments. This change simplifies the forecasting process by removing a specific inflation accounting rule, though it does not alter how inflation is otherwise considered in budget planning. The bill takes effect upon final enactment.