HF 1527

as introduced - 88th Legislature (2013 - 2014) Posted on 03/13/2013 03:01pm

A bill for an act
relating to the permanent school fund; requiring the costs of the school trust
lands director to be paid from the minerals management account; appropriating
money; amending Laws 2012, chapter 249, section 11.

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

Section 1.

Laws 2012, chapter 249, section 11, is amended to read:

Sec. 11. COSTS OF SCHOOL TRUST LANDS DIRECTOR AND
LEGISLATIVE PERMANENT SCHOOL FUND COMMISSION.

(a) The costs of the school trust lands director, including the costs of hiring staff,
and the Legislative Permanent School Fund Commission for fiscal years 2014 and 2015
shall be from the deleted text begin state forest development account under Minnesota Statutes, section
16A.125, and from the deleted text end minerals management account under Minnesota Statutes, section
93.2236, as appropriated by the legislature.

(b) The school trust lands director and the Legislative Permanent School Fund
Commission shall submit to the 2014 legislature a proposal to fund the operational costs
of the Legislative Permanent School Fund Commission and school trust lands director
and staff with a cost certification method using revenues generated by the permanent
school fund lands.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective July 1, 2013.
new text end

Sec. 2. new text begin APPROPRIATION.
new text end

new text begin $....... in fiscal year 2014 and $....... in fiscal year 2015 are appropriated from the
minerals management account under Minnesota Statutes, section 93.2236, to the school
trust lands director.
new text end