1.1 	A bill for an act
1.2 	relating to higher education; providing funding to the Board of Regents of the 
1.3 	University of Minnesota to support competitive compensation; appropriating 
1.4 	money.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. APPROPRIATION; UNIVERSITY OF MINNESOTA.
 1.7 	$9,800,000 in fiscal year 2008 and $18,700,000 in fiscal year 2009 are appropriated 
1.8 	from the general fund to the Board of Regents of the University of Minnesota to support 
1.9 	the continuing efforts to maintain and improve its excellence in research, education, and 
1.10 	outreach, especially in targeted areas where the University of Minnesota has a comparative 
1.11 	advantage and that are consistent with the University of Minnesota's strategic goals. This 
1.12 	will improve the University of Minnesota's ability both to recruit talented new faculty and 
1.13 	researchers, and to retain its distinguished faculty and researchers by providing resources 
1.14 	it can use to give special compensation to this targeted group.