Bill Text: MN HF2814 | 2013-2014 | 88th Legislature | Introduced


Bill Title: Flood hazard mitigation grant funding provided, bonds issued, and money appropriated.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2014-03-06 - Introduction and first reading, referred to Environment, Natural Resources and Agriculture Finance [HF2814 Detail]

Download: Minnesota-2013-HF2814-Introduced.html

1.1A bill for an act
1.2relating to capital improvements; appropriating money for flood hazard
1.3mitigation grants; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5    Section 1. FLOOD HAZARD MITIGATION GRANTS; APPROPRIATIONS.
1.6    Subdivision 1. Appropriation. $250,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources for the state share of a flood hazard
1.8mitigation grant to the Cedar River Watershed District for the Dobbins 1 Project to prevent
1.9or alleviate flood damages under Minnesota Statutes, section 103F.161.
1.10    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.11bond proceeds fund, the commissioner of management and budget shall sell and issue
1.12bonds of the state in an amount up to $250,000 in the manner, upon the terms, and with
1.13the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.14Minnesota Constitution, article XI, sections 4 to 7.
1.15EFFECTIVE DATE.This section is effective the day following final enactment.
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