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HF 2152

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
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Bill Text Versions

Engrossments
Introduction Posted on 03/15/2007

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12

A bill for an act
 relating to higher education; increasing revenue bond authority; amending
Minnesota Statutes 2006, section 136A.29, subdivision 9.

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

Section 1.

Minnesota Statutes 2006, section 136A.29, subdivision 9, is amended to
read:


Subd. 9.

Revenue bonds; limit.

The authority is authorized and empowered
to issue revenue bonds whose aggregate principal amount at any time shall not exceed
deleted text begin $800,000,000deleted text end new text begin $950,000,000 new text end and to issue notes, bond anticipation notes, and revenue
refunding bonds of the authority under the provisions of sections 136A.25 to 136A.42,
to provide funds for acquiring, constructing, reconstructing, enlarging, remodeling,
renovating, improving, furnishing, or equipping one or more projects or parts thereof.