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HF 3143 House Long Description

hf3143 FIRST ENGROSSMENT Economic development obsolete provisions eliminated, world trade center use modified, urban initiative program modified, wastewater and drinking water funding coordinated, and bonding authority increased. Section 1: Minnesota export finance authority removed from list. Sec. 2: Prohibition not applicable to commissioner of trade and economic development. Sec. 3: Enumeration regulations modified. Sec. 4: "Conference and service center" definition removed. Sec. 5: Commissioner duties modified. Sec. 6: World trade center account fund designation specification modified. Sec. 7: "Low-income area" definition modified. Sec. 8: Guarantee of loans provided. Sec. 9: Revolving loan fund regulations clarified. Sec. 10: Business loan criteria state contribution clarified. Sec. 11: Conforming change. Sec. 12: Nonprofit corporation loans authorized. Sec. 13: Conforming change. Sec. 14: Pollution control agency provision of list of wastewater projects required. Sec. 15: Agency rules modified. Sec. 16: Principal bonding maximum amount increased. Sec. 17: Minnesota housing finance agency member requirements clarified. Sec. 18: Commissioner of trade and economic development no longer vice chair of board. Sec. 19: Appropriation made available until spent. Sec. 20: Reinstatement of law provided. Sec. 21: Repealer.AE