HF 3752

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/13/2024 03:51pm

A bill for an act
relating to capital investment; appropriating money for metropolitan cities inflow
and infiltration grants; authorizing the sale and issuance of state bonds.

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

Section 1. METROPOLITAN CITIES INFLOW AND INFILTRATION GRANTS.

Subdivision 1.

Appropriation.

$15,000,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for metropolitan cities inflow and infiltration grants under
Minnesota Statutes, section 473.5491.

Subd. 2.

Bond sale.

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 $15,000,000 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.

EFFECTIVE DATE.

This section is effective the day following final enactment.