HF 750

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/17/2022 05:19pm

A bill for an act
relating to capital investment; appropriating money for urban reforestation;
authorizing the sale and issuance of state bonds.

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

Section 1. new text begin URBAN REFORESTATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $16,000,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources for grants to cities, counties, townships, and
park and recreation boards in cities of the first class, for the removal and the planting of
shade trees on public land to provide environmental benefits; replace trees lost to forest
pests, disease, or storm; or to establish a more diverse community forest better able to
withstand disease and forest pests. The commissioner must give priority to grant requests
to remove and replace trees with active infestations of emerald ash borer. For purposes of
this appropriation, "shade tree" means a woody perennial grown primarily for aesthetic or
environmental purposes with minimal to residual timber value. Any tree planted with money
under this subdivision must be a climate-adapted species to Minnesota.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $16,000,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end