HF 3070

as introduced - 88th Legislature (2013 - 2014) Posted on 03/13/2014 02:53pm

A bill for an act
relating to natural resources; appropriating money for the Minnesota forests for
the future program; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin MINNESOTA FORESTS FOR THE FUTURE PROGRAM;
APPROPRIATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $5,000,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources to acquire forest conservation easements
and fee acquisition under the Minnesota forests for the future program, pursuant to
Minnesota Statutes, section 84.66.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this act from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $5,000,000 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