Bill Text: MN SF2861 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Wetland replacement program bond issue and appropriation
Spectrum: Partisan Bill (Independent 1-0)
Status: (Introduced - Dead) 2014-03-21 - Referred to Finance [SF2861 Detail]
Download: Minnesota-2013-SF2861-Introduced.html
1.2relating to capital investment; appropriating money to the Board of Water and
1.3Soil Resources for the wetland replacement program; authorizing the sale and
1.4issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. WETLAND REPLACEMENT DUE TO PUBLIC ROAD PROJECTS.
1.7 Subdivision 1. Appropriation. $5,400,000 is appropriated from the bond proceeds
1.8fund to the Board of Water and Soil Resources to acquire land for wetland restoration or
1.9preservation to replace wetlands drained or filled as a result of the repair or reconstruction,
1.10replacement, or rehabilitation of existing public roads as required by Minnesota Statutes,
1.11section 103G.222.
1.12 Subd. 2. Bond sale. To provide the money appropriated in this act from the bond
1.13proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.14the state in an amount up to $5,400,000 in the manner, upon the terms, and with the effect
1.15prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.16Constitution, article XI, sections 4 to 7.
1.3Soil Resources for the wetland replacement program; authorizing the sale and
1.4issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. WETLAND REPLACEMENT DUE TO PUBLIC ROAD PROJECTS.
1.7 Subdivision 1. Appropriation. $5,400,000 is appropriated from the bond proceeds
1.8fund to the Board of Water and Soil Resources to acquire land for wetland restoration or
1.9preservation to replace wetlands drained or filled as a result of the repair or reconstruction,
1.10replacement, or rehabilitation of existing public roads as required by Minnesota Statutes,
1.11section 103G.222.
1.12 Subd. 2. Bond sale. To provide the money appropriated in this act from the bond
1.13proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.14the state in an amount up to $5,400,000 in the manner, upon the terms, and with the effect
1.15prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.16Constitution, article XI, sections 4 to 7.
