1.1                          A bill for an act 
  1.2             relating to flood relief; providing disaster relief 
  1.3             and mitigation measures for counties designated a 
  1.4             major disaster area; authorizing the sale of state 
  1.5             bonds; appropriating money. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [APPROPRIATIONS.] 
  1.8      Subdivision 1.  [ELIGIBILITY.] The sums in this section are 
  1.9   appropriated from the general fund for the fiscal years 
  1.10  indicated, to be spent for flood relief and mitigation, as 
  1.11  specified in this section, in the areas of Minnesota impacted by 
  1.12  the spring floods of 2001.  The appropriations are for the 
  1.13  fiscal years indicated and are available until June 30, 2003, 
  1.14  unless otherwise specified.  
  1.15     Subd. 2.  [PUBLIC SAFETY; LOCAL SHARE.] $30,000,000 is 
  1.16  appropriated for fiscal year 2001 to the commissioner of public 
  1.17  safety for the state and local share of any federal disaster 
  1.18  assistance funds under Minnesota Statutes, section 12.221.  
  1.19     This appropriation is available to fund 100 percent of the 
  1.20  state and local match obligation if the state receives federal 
  1.21  disaster assistance for the spring floods in 2001.  
  1.22     Subd. 3.  [DEPARTMENT OF NATURAL RESOURCES; STATE PARK 
  1.23  DAMAGE.] $5,000,000 is appropriated to the commissioner of 
  1.24  natural resources for fiscal years 2002 and 2003 to repair 
  1.25  damage to state parks and recreational areas damaged by flooding 
  2.1   in the spring of 2001.  
  2.2      Subd. 4.  [REVENUE; LOCAL GOVERNMENT TAX RELIEF.] To the 
  2.3   commissioner of revenue from the general fund for fiscal years 
  2.4   2002 and 2003, to provide relief to local governments that have 
  2.5   reduced revenues from decreased tax collections or deferrals due 
  2.6   to flood damage.  Any amount remaining on June 30, 2003, reverts 
  2.7   to the general fund.  Apportionment of these funds must be based 
  2.8   upon the amount of disaster-related market value loss in each 
  2.9   county.  Counties must be reimbursed only for property taxes 
  2.10  that were actually abated, not to exceed each county's 
  2.11  apportioned amount. 
  2.12     Sec. 2.  [APPROPRIATION; BONDING.] 
  2.13     Subdivision 1.  [ELIGIBILITY.] The sum in this section is 
  2.14  appropriated from the bond proceeds fund to be spent for 
  2.15  disaster relief, as specified in this section, in the areas of 
  2.16  Minnesota impacted by the spring floods of 2001. 
  2.17     Subd. 2.  [DEPARTMENT OF TRADE AND ECONOMIC DEVELOPMENT; 
  2.18  PUBLIC INFRASTRUCTURE ASSISTANCE.] $50,000,000 is appropriated 
  2.19  to the commissioner of trade and economic development for grants 
  2.20  to local units of government under Minnesota Statutes, sections 
  2.21  116J.561 to 116J.566, for permanent flood mitigation projects to 
  2.22  permanently reduce exposure to flood damage along major 
  2.23  Minnesota rivers.  
  2.24     Sec. 3.  [BOND SALE.] 
  2.25     To provide the money appropriated in section 2 from the 
  2.26  bond proceeds fund, the commissioner of finance, on request of 
  2.27  the governor, shall sell and issue bonds of the state in an 
  2.28  amount up to $50,000,000 in the manner, on the terms, and with 
  2.29  the effect prescribed by Minnesota Statutes, sections 16A.631 to 
  2.30  16A.675, and by the Minnesota Constitution, article XI, sections 
  2.31  4 to 7.  
  2.32     Sec. 4.  [EFFECTIVE DATE.] 
  2.33     This act is effective the day after its final enactment.