Bill Text: MN SF2412 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Reinvest in Minnesota (RIM) critical habitat match bond issue and appropriation
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2012-03-13 - Referred to Capital Investment [SF2412 Detail]
Download: Minnesota-2011-SF2412-Introduced.html
1.2relating to capital investment; appropriating money for RIM critical habitat
1.3match; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. RIM CRITICAL HABITAT MATCH.
1.6 Subdivision 1. Appropriation. $3,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources to provide the state match for the critical
1.8habitat private sector matching account under Minnesota Statutes, section 84.943. This
1.9appropriation may only be used to acquire fee title.
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 $3,000,000 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.
1.3match; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. RIM CRITICAL HABITAT MATCH.
1.6 Subdivision 1. Appropriation. $3,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources to provide the state match for the critical
1.8habitat private sector matching account under Minnesota Statutes, section 84.943. This
1.9appropriation may only be used to acquire fee title.
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 $3,000,000 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.
