19-223D 19-223D . . . Management Stock Purchase Plan under which Executive Compensation Committee can grant options to key employees (including officers) at prices equal to 60% of market value. Payment is made by delivery of five full recourse interest-bearing serial promissory notes, each for 20% of total purchase price, which mature on five succeeding anniversary dates of date of grant. Committee may forgive any payment of interest or principal on promissory notes if employee is then still employed by Company, has died, or become disabled or retired
Minnesota Management Stock Purchase Plan
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US-CC-19-223D
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As a central service agency, MMB serves the governor, the legislature, more than 100 state government entities, 56,000 state employees, and the public. MMB has approximately 275 employees. Its annual general fund operating budget is approximately $30 million.
The rebate checks were the result of a $3 billion tax relief bill passed earlier this summer. Minnesota Gov. Tim Walz has already signed the massive legislation, which also includes a state child tax credit worth up to $1,750 per child dependent.
Contact: 651-259-3769.
Minnesota Management and Budget (MMB) plays a key role in that effort, providing essential, centralized services that are foundational to state government operations and to sound, transparent management of state employee and financial resources.
Minnesota Management and Budget (MMB) is responsible for managing state finances, payroll, and human resources.
MAPE is the Minnesota Association of Professional Employees, an independent union representing approximately 15,000 primarily State of Minnesota professional employees.
Minnesota Management & Budget (MMB) is responsible for managing state finances, payroll and human resources, and providing systems for daily business operations and information access and analysis.