HF 2249

as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to natural resources; appropriating money for 
  1.3             conservation easements; authorizing the sale of state 
  1.4             bonds. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [APPROPRIATION.] 
  1.7      $23,200,000 is appropriated to the Board of Water and Soil 
  1.8   Resources for the conservation reserve enhancement program.  Of 
  1.9   this amount, $20,000,000 is from the bond proceeds fund.  
  1.10  Notwithstanding Minnesota Statutes, section 103F.515, 
  1.11  subdivision 2, paragraph (e), the money from the bond proceeds 
  1.12  fund shall be used for acquisition of 35-year or permanent 
  1.13  easements at the choice of the landowner, except that wetland 
  1.14  restorations must be permanent easements as required under 
  1.15  Minnesota Statutes, section 103F.515, subdivision 5, clause 
  1.16  (3).  $3,200,000 of the amount is from the general fund and may 
  1.17  be used for technical or professional services to acquire 
  1.18  easements and implement easement conservation practices.  The 
  1.19  money appropriated from the general fund is available until 
  1.20  expended. 
  1.21     Sec. 2.  [BOND SALE.] 
  1.22     To provide the money appropriated from the bond proceeds 
  1.23  fund under section 1, the commissioner of finance shall sell and 
  1.24  issue bonds of the state in an amount up to $20,000,000 in the 
  1.25  manner, upon the terms, and with the effect prescribed by 
  2.1   Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
  2.2   Minnesota Constitution, article XI, sections 4 to 7. 
  2.3      Sec. 3.  [EFFECTIVE DATE.] 
  2.4      Sections 1 and 2 are effective the day following final 
  2.5   enactment.