HF 2464

as introduced - 92nd Legislature (2021 - 2022) Posted on 04/06/2021 11:30am

A bill for an act
relating to capital investment; appropriating money for improvements at state
historic sites; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin MINNESOTA HISTORICAL SOCIETY APPROPRIATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $10,088,000 is appropriated from the bond proceeds
fund to the Minnesota Historical Society for capital improvements and betterments at state
historic sites, buildings, landscaping at historic buildings, exhibits, markers, and monuments,
to be spent in accordance with Minnesota Statutes, section 16B.307. The society shall
determine project priorities as appropriate based on need.
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 $10,088,000 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