HF 1548

2nd Engrossment - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to economic development; appropriating money
to the commissioner of employment and economic
development for biotechnology and medical genomics
research.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin APPROPRIATION.
new text end

new text begin $15,000,000 is appropriated in fiscal year 2006 from the
general fund to the commissioner of employment and economic
development for the direct and indirect expenses of the
collaborative research partnership between the University of
Minnesota and the Mayo Foundation for research in biotechnology
and medical genomics. This is a onetime appropriation. An
annual report on the expenditure of these funds must be
submitted to the governor and the chairs of the senate Higher
Education Budget Division; the house Higher Education Finance
Committee; the senate Environment, Agriculture and Economic
Development Budget Division; and the house Jobs and Economic
Opportunity Policy and Finance Committee by June 30 of each
fiscal year until the appropriation is expended. This
appropriation is available until expended.
new text end