1.1 	A bill for an act
1.2 	relating to capital investment; limiting use of borrowed funds for capital 
1.3 	investment projects;amending Minnesota Statutes 2012, section 16A.641, by 
1.4 	adding a subdivision.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2012, section 16A.641, is amended by adding a 
1.7 	subdivision to read:
1.8 		Subd. 14.Limiting use of borrowed funds. No more than 90 percent of the state 
1.9 	share of funding for a capital program, project, or project phase may be funded through 
1.10 	the sale of bonds or any other borrowed funds.