Bill Text: MN HF481 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Reinvest in Minnesota (RIM) conservation reserve funding provided, bonds issued, and money appropriated.
Sponsorship: Partisan Bill (Democrat 8)
Status: (Introduced - Dead) 2013-02-11 - Introduction and first reading, referred to Environment, Natural Resources and Agriculture Finance [HF481 Detail]
Download: Minnesota-2013-HF481-Introduced.html
1.2relating to capital investment; appropriating money for Reinvest in Minnesota
1.3(RIM) Conservation Reserve; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. REINVEST IN MINNESOTA (RIM) CONSERVATION RESERVE.
1.6 Subdivision 1. Appropriation. (a) $30,000,000 is appropriated from the bond
1.7proceeds fund to the Board of Soil and Water Resources to acquire conservation easements
1.8from landowners to preserve, restore, create, and enhance wetlands; restore and enhance
1.9rivers and streams, riparian lands, and associated uplands in order to protect soil and
1.10water quality; support fish and wildlife habitat; reduce flood damage; and provide other
1.11public benefits. The provisions of Minnesota Statutes, section 103F.515, apply to this
1.12appropriation, except that the board may establish alternative payment rates for easements
1.13and practices to establish restored native prairies, as defined in Minnesota Statutes, section
1.1484.02, subdivision 5, and to protect uplands. Of this appropriation, up to ten percent
1.15may be used to implement the program.
1.16(b) The board is authorized to enter into new agreements and amend past agreements
1.17with landowners as required by Minnesota Statutes, section 103F.515, subdivision 5, to
1.18allow for restoration, including overseeding and harvesting of native prairie vegetation
1.19for use for energy production in a manner that does not devalue the natural habitat,
1.20water quality benefits, or carbon sequestration functions of the area enrolled in the
1.21easement. This shall occur after seed production and minimize impacts on wildlife. Of
1.22this appropriation, up to five percent may be used for restoration, including overseeding.
2.1 Subd. 2. Bond sale. To provide the money appropriated in this section from the
2.2bond proceeds fund, the commissioner of management and budget shall sell and issue
2.3bonds of the state in an amount up to $30,000,000 in the manner, upon the terms, and with
2.4the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
2.5Minnesota Constitution, article XI, sections 4 to 7.
2.6EFFECTIVE DATE.This section is effective the day following final enactment.
1.3(RIM) Conservation Reserve; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. REINVEST IN MINNESOTA (RIM) CONSERVATION RESERVE.
1.6 Subdivision 1. Appropriation. (a) $30,000,000 is appropriated from the bond
1.7proceeds fund to the Board of Soil and Water Resources to acquire conservation easements
1.8from landowners to preserve, restore, create, and enhance wetlands; restore and enhance
1.9rivers and streams, riparian lands, and associated uplands in order to protect soil and
1.10water quality; support fish and wildlife habitat; reduce flood damage; and provide other
1.11public benefits. The provisions of Minnesota Statutes, section 103F.515, apply to this
1.12appropriation, except that the board may establish alternative payment rates for easements
1.13and practices to establish restored native prairies, as defined in Minnesota Statutes, section
1.1484.02, subdivision 5, and to protect uplands. Of this appropriation, up to ten percent
1.15may be used to implement the program.
1.16(b) The board is authorized to enter into new agreements and amend past agreements
1.17with landowners as required by Minnesota Statutes, section 103F.515, subdivision 5, to
1.18allow for restoration, including overseeding and harvesting of native prairie vegetation
1.19for use for energy production in a manner that does not devalue the natural habitat,
1.20water quality benefits, or carbon sequestration functions of the area enrolled in the
1.21easement. This shall occur after seed production and minimize impacts on wildlife. Of
1.22this appropriation, up to five percent may be used for restoration, including overseeding.
2.1 Subd. 2. Bond sale. To provide the money appropriated in this section from the
2.2bond proceeds fund, the commissioner of management and budget shall sell and issue
2.3bonds of the state in an amount up to $30,000,000 in the manner, upon the terms, and with
2.4the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
2.5Minnesota Constitution, article XI, sections 4 to 7.
2.6EFFECTIVE DATE.This section is effective the day following final enactment.
