Relating to economic development; establishing the Minnesota biomedical sciences research facilities authority, specifying membership and duties; requiring the authority to establish a biomedical science research facilities funding program to provide grants to the board of regents of the university of Minnesota for a percentage of the costs of projects, authorizing the issuance of bonds; requiring each recipient of state subsidies for bioscience and biotechnology to provide a certain number of reports to the commissioner of employment and economic development (DEED) by a certain date annually, requiring the commissioner to provide a compilation and summary report to the legislature annually by a certain date
(rt)