Legislative Session number- 84

Bill Name: SF3293

Relating to natural resources; proposing an amendment to the Minnesota
constitution, article XI, section 14 to allow the environment and natural
resources trust fund to be invested in land resources within the state;
authorizing the state board of investment to invest the trust fund in interests
in land, specifying criteria and investment requirements; creating the land
acquisition advisory council to advise the state board of investment; providing
for the sales of land acquired by the trust fund; providing for the management
of land acquired by the trust fund; creating a trust fund land management
account; requiring the state board of investment to annually make payments to
counties with land acquired by the trust fund in lieu of taxes
(ra)