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SF 175

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 02:11am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
Rtf

Current Version - as introduced

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1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14

A bill for an act
 relating to state lands; providing for the apportionment of proceeds from the sale
of certain tax-forfeited land in Itasca County.

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

Section 1. new text begin APPORTIONMENT OF PROCEEDS; TAX-FORFEITED LANDS;
ITASCA COUNTY.
new text end

new text begin Notwithstanding the provisions of Minnesota Statutes, chapter 282, and any other
law relating to the apportionment of proceeds from the sale of tax-forfeited land, Itasca
County may deposit proceeds from the sale of tax-forfeited lands that are classified for
land exchange into a tax-forfeited land replacement trust fund created in Laws 2006,
chapter 236, article 1, section 43, as amended by Laws 2008, chapter 368, article 1, section
18. The principal and interest from these proceeds may be spent only on the purchase of
lands to replace the tax-forfeited lands sold to Minnesota Steel Industries or for lands
better suited for retention by Itasca County.
 new text end