1.1 	A bill for an act
1.2 	relating to capital investment; providing for higher education asset preservation 
1.3 	and repair.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. HIGHER EDUCATION; HEAPR.
 1.6 		Subdivision 1.Appropriation. (a) $0 is appropriated from the bond proceeds 
1.7 	fund to the Board of Regents of the University of Minnesota to be spent in accordance 
1.8 	with Minnesota Statutes, section 135A.046.
1.9 	(b) $0 is appropriated from the bond proceeds fund to the Board of Trustees of the 
1.10 	Minnesota State Colleges and Universities to be spent in accordance with Minnesota 
1.11 	Statutes, section 135A.046.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.13 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.14 	bonds of the state in an amount up to $0 in the manner, upon the terms, and with the effect 
1.15 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.16 	Constitution, article XI, sections 4 to 7.

1.17 	EFFECTIVE DATE. This section is effective the day following final enactment.