Bill Text: MN HF1807 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Host Community Economic Development grant program established, funding provided, bonds issued, and money appropriated.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2013-04-25 - Introduction and first reading, referred to Jobs and Economic Development Finance and Policy [HF1807 Detail]
Download: Minnesota-2013-HF1807-Introduced.html
1.2relating to capital investment; establishing the Host Community Economic
1.3Development grant program; appropriating money; authorizing the sale and
1.4issuance of state bonds;proposing coding for new law in Minnesota Statutes,
1.5chapter 116J.
1.6BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.7 Section 1. [116J.548] HOST COMMUNITY ECONOMIC DEVELOPMENT.
1.8 Subdivision 1. Creation of account. A host community economic development
1.9account is established in the bond proceeds fund. Money in this account may only be
1.10spent for capital costs of an eligible project.
1.11 Subd. 2. Definitions. For purposes of this section:
1.12(1) "Capital costs" means expenditures for the acquisition and betterment of public
1.13lands and buildings, and for other publicly owned improvements of a capital nature.
1.14Capital costs also include expenditures for predesign, design, engineering, and similar
1.15activities for specifically identified eligible projects.
1.16(2) "Eligible project" means a development or redevelopment project that will
1.17generate economic development within a host community.
1.18(3) "Economic development" means job creation, an increase in the tax base, the
1.19capacity of the eligible project to attract private investment, and other objective criteria
1.20established by the commissioner that demonstrate a public benefit to the host community.
1.21(4) "Host community" means a city located within the seven-county metropolitan
1.22area, as defined in section 473.121, subdivision 2, that is the site of a waste disposal
1.23facility that meets the standards in section 473.849, that accepts unprocessed mixed
1.24municipal solid waste generated in the metropolitan area.
2.1 Subd. 3. Application. Host communities may apply for a grant under this section
2.2on a form and in a manner prescribed by the commissioner. In awarding grants under
2.3this section, the commissioner shall give priority to eligible projects that, based on a
2.4cost-benefit analysis, provide the highest return on public investment. The commissioner
2.5must allocate available money between host communities as evenly as practicable.
2.6 Subd. 4. No match required. Notwithstanding section 16A.86, or any other law
2.7to the contrary, the state share of a project covered by this section is intended to cover
2.8100 percent of the total cost of the project.
2.9 Subd. 5. Rules. The commissioner shall adopt rules to implement and administer
2.10the grant program under this section.
2.11 Subd. 6. Report. The commissioner must report to committees of the legislature
2.12with jurisdiction over capital investment and economic development by February 15 of
2.13each year on grants awarded under this section.
2.14 Sec. 2. APPROPRIATION.
2.15$....... is appropriated from the bond proceeds fund to the commissioner of
2.16employment and economic development for host community economic development
2.17under Minnesota Statutes, section 116J.548.
2.18 Sec. 3. BOND SALE.
2.19To provide the money appropriated in section 2 from the bond proceeds fund, the
2.20commissioner of management and budget shall sell and issue bonds of the state in the
2.21amount up to $....... in the manner, upon the terms, and with the effect prescribed by
2.22Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
2.23article XI, sections 4 to 7.
2.24 Sec. 4. EFFECTIVE DATE.
2.25This act is effective the day following final enactment.
1.3Development grant program; appropriating money; authorizing the sale and
1.4issuance of state bonds;proposing coding for new law in Minnesota Statutes,
1.5chapter 116J.
1.6BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.7 Section 1. [116J.548] HOST COMMUNITY ECONOMIC DEVELOPMENT.
1.8 Subdivision 1. Creation of account. A host community economic development
1.9account is established in the bond proceeds fund. Money in this account may only be
1.10spent for capital costs of an eligible project.
1.11 Subd. 2. Definitions. For purposes of this section:
1.12(1) "Capital costs" means expenditures for the acquisition and betterment of public
1.13lands and buildings, and for other publicly owned improvements of a capital nature.
1.14Capital costs also include expenditures for predesign, design, engineering, and similar
1.15activities for specifically identified eligible projects.
1.16(2) "Eligible project" means a development or redevelopment project that will
1.17generate economic development within a host community.
1.18(3) "Economic development" means job creation, an increase in the tax base, the
1.19capacity of the eligible project to attract private investment, and other objective criteria
1.20established by the commissioner that demonstrate a public benefit to the host community.
1.21(4) "Host community" means a city located within the seven-county metropolitan
1.22area, as defined in section 473.121, subdivision 2, that is the site of a waste disposal
1.23facility that meets the standards in section 473.849, that accepts unprocessed mixed
1.24municipal solid waste generated in the metropolitan area.
2.1 Subd. 3. Application. Host communities may apply for a grant under this section
2.2on a form and in a manner prescribed by the commissioner. In awarding grants under
2.3this section, the commissioner shall give priority to eligible projects that, based on a
2.4cost-benefit analysis, provide the highest return on public investment. The commissioner
2.5must allocate available money between host communities as evenly as practicable.
2.6 Subd. 4. No match required. Notwithstanding section 16A.86, or any other law
2.7to the contrary, the state share of a project covered by this section is intended to cover
2.8100 percent of the total cost of the project.
2.9 Subd. 5. Rules. The commissioner shall adopt rules to implement and administer
2.10the grant program under this section.
2.11 Subd. 6. Report. The commissioner must report to committees of the legislature
2.12with jurisdiction over capital investment and economic development by February 15 of
2.13each year on grants awarded under this section.
2.14 Sec. 2. APPROPRIATION.
2.15$....... is appropriated from the bond proceeds fund to the commissioner of
2.16employment and economic development for host community economic development
2.17under Minnesota Statutes, section 116J.548.
2.18 Sec. 3. BOND SALE.
2.19To provide the money appropriated in section 2 from the bond proceeds fund, the
2.20commissioner of management and budget shall sell and issue bonds of the state in the
2.21amount up to $....... in the manner, upon the terms, and with the effect prescribed by
2.22Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
2.23article XI, sections 4 to 7.
2.24 Sec. 4. EFFECTIVE DATE.
2.25This act is effective the day following final enactment.
