as introduced - 90th Legislature (2017 - 2018) Posted on 03/08/2017 11:29am
Engrossments | ||
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Introduction | Posted on 03/08/2017 |
A bill for an act
relating to higher education; establishing a county scholarship program funded by
mineral royalties; proposing coding for new law in Minnesota Statutes, chapter
298.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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A county may establish a scholarship fund from any
unencumbered revenue received pursuant to section 298.018, 298.28, 298.39, 298.396, or
298.405 or any law imposing a tax upon severed mineral values. Scholarships must be used
at a two-year Minnesota State Colleges and Universities institution within the county. The
county shall establish procedures for applying for and distributing the scholarships.
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An applicant for a scholarship under this section must be a resident
of the county at the time of the applicant's high school graduation. The county may establish
additional eligibility criteria.
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