E Modifying certain provisions regulating state investments; expanding authorized state board of investment corporate stock investments to stock or convertible issues of corporations listed on exchanges regulated by federal or Canadian governmental agencies; authorizing an increased percentage investment in closed end mutual fund shares; authorizing the board to invest in trusts, private placements and limited liability corporations, companies and partnerships; modifying certain investment options for the medical education and tobacco use prevention and local public health endowment funds, authorizing the Minnesota state colleges and universities (MnSCU) board of trustees to enter into joint venture agreements with private corporations to develop educational materials and related programs or services including equity investments, clarifying state liability arising from investments and requiring annual reports to the legislature regarding earnings and earnings disposition; creating an exception to the requirement for the principal of the tobacco settlement funds to be maintained inviolate (mk)