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HF 2841

as introduced - 89th Legislature (2015 - 2016) Posted on 05/17/2016 08:43am

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
 relating to solid waste; providing for management of metropolitan landfill
contingency action trust account; amending Minnesota Statutes 2014, section
473.845, subdivision 1.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2014, section 473.845, subdivision 1, is amended to read:


Subdivision 1.

Establishment.

The metropolitan landfill contingency action trust
account is an expendable trust account in the remediation fund. The account consists
of revenue deposited in the account under section 473.843, subdivision 2, clause (2);
amounts recovered under subdivision 7; and interest earned on investment of money in
the account.new text begin The account must be managed to maximize long-term gain through the
State Board of Investment.
new text end