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HF 2186

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/27/2023 03:05pm

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

Engrossments
Introduction Posted on 02/21/2023

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4 1.5
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A bill for an act
 relating to capital investment; appropriating money for the water quality and storage
program, working floodplains easements, and working grasslands easements;
authorizing the sale and issuance of state bonds.

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

Section 1. new text begin BOARD OF WATER AND SOIL RESOURCES.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation; water quality and storage. new text end

new text begin $17,000,000 is appropriated
from the bond proceeds fund to the Board of Water and Soil Resources for grants under the
water quality and storage program under Minnesota Statutes, section 103F.05. This
appropriation is for projects or phases of projects eligible for use of proceeds of general
obligation bonds.
 new text end

new text begin Subd. 2. new text end

new text begin Appropriation; working floodplains easements. new text end

new text begin $10,000,000 is appropriated
from the bond proceeds fund to the Board of Water and Soil Resources to acquire floodplains
easements under Minnesota Statutes, section 103F.515.
 new text end

new text begin Subd. 3. new text end

new text begin Appropriation; Reinvest in Minnesota (RIM) reserve working grasslands
easements. new text end

new text begin $3,000,000 is appropriated from the bond proceeds fund to the Board of Water
and Soil Resources to acquire easements on working grasslands from landowners to restore,
rehabilitate, and enhance working lands in order to protect soil and water quality, support
wildlife habitat, reduce flood damage, and provide other public benefits. The provisions of
Minnesota Statutes, section 103F.515, apply to this program.
 new text end

new text begin Subd. 4. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $30,000,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
 new text end