SF 448

as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; appropriating money 
  1.3             for the Minnesota river basin conservation reserve 
  1.4             enhancement program; authorizing the sale of state 
  1.5             bonds. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [MINNESOTA RIVER BASIN CONSERVATION RESERVE 
  1.8   ENHANCEMENT PROGRAM.] 
  1.9      Subdivision 1.  [APPROPRIATION.] The appropriations in this 
  1.10  section are to the board of water and soil resources for the 
  1.11  Minnesota river basin conservation reserve enhancement program.  
  1.12  These appropriations must generally be used to acquire easements 
  1.13  and implement conservation practices on frequently flooded 
  1.14  cropland, including land within the 100-year floodplain and the 
  1.15  major tributaries; on marginal cropland along rivers and 
  1.16  streams; and on drained or altered wetlands in the Minnesota 
  1.17  river basin to protect soil, enhance water quality, and support 
  1.18  fish and wildlife habitat as provided in Minnesota Statutes, 
  1.19  sections 103F.515 and 103F.516.  The specific purposes of the 
  1.20  appropriations are in subdivisions 2 and 3. 
  1.21     Subd. 2.  [BOND PROCEEDS.] $48,903,000 is appropriated from 
  1.22  the bond proceeds fund.  Of this amount, $43,000,000 shall be 
  1.23  used for the acquisition of easements and $5,903,000 shall be 
  1.24  used for implementation of easement costs of the board of water 
  1.25  and soil resources. 
  2.1      Subd. 3.  [GENERAL FUND.] $2,585,000 is appropriated from 
  2.2   the general fund for implementation of easement costs of the 
  2.3   board of water and soil resources.  $1,601,000 of this amount is 
  2.4   for the general fund implementation of easements relating to 
  2.5   funds appropriated in subdivision 2.  $984,000 of this amount is 
  2.6   to fund the shortfall of easement implementation costs for 
  2.7   funding authorized in Laws 2000, chapter 492, article 1, section 
  2.8   9, subdivision 3.  The appropriations in this subdivision are 
  2.9   available until expended. 
  2.10     Subd. 4.  [BOND SALE.] To provide the money appropriated in 
  2.11  subdivision 2 from the bond proceeds fund, the commissioner of 
  2.12  finance shall sell and issue bonds of the state in an amount up 
  2.13  to $48,903,000 in the manner, upon the terms, and with the 
  2.14  effect prescribed by Minnesota Statutes, sections 16A.631 to 
  2.15  16A.675, and by the Minnesota Constitution, article XI, sections 
  2.16  4 to 7. 
  2.17     Sec. 2.  [EFFECTIVE DATE.] 
  2.18     This act is effective the day following its final enactment.