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HF 1568

as introduced - 90th Legislature (2017 - 2018) Posted on 03/20/2017 04:24pm

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

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A bill for an act
 relating to capital investment; appropriating money for RIM and other conservation
purposes; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin APPROPRIATIONS.
new text end

new text begin Subdivision 1. new text end

new text begin RIM/conservation reserve enhancement program. new text end

new text begin (a) $45,000,000 is
appropriated from the bond proceeds fund to the Board of Water and Soil Resources to
acquire conservation easements from landowners to preserve, restore, create, and enhance
wetlands and riparian lands, and to restore and enhance rivers and streams and associated
uplands, in order to protect soil and water quality, support fish and wildlife habitat, reduce
flood damage, and provide other public benefits. The provisions of Minnesota Statutes,
section 103F.515, apply to this program.
 new text end

new text begin (b) The board shall give priority to leveraging federal funds by enrolling targeted new
lands or enrolling environmentally sensitive lands that leverage federal conservation funds.
 new text end

new text begin (c) The board is authorized to enter into new agreements and amend past agreements
with landowners as required by Minnesota Statutes, section 103F.515, subdivision 5, to
allow for restoration, rehabilitation, and enhancement. Of this appropriation, up to five
percent may be used for restoration, rehabilitation, and enhancement.
 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 $35,000,000 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