SF 455

as introduced - 87th Legislature (2011 - 2012) Posted on 02/23/2012 08:51am

A bill for an act
relating to the permanent school fund; modifying the membership of the advisory
committee; amending Minnesota Statutes 2010, section 127A.30, subdivision 1.

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

Section 1.

Minnesota Statutes 2010, section 127A.30, subdivision 1, is amended to
read:

Subdivision 1.

Membership new text begin and terms new text end .

new text begin (a) new text end A state Permanent School Fund
Advisory Committee is established to advise the Department of Natural Resources on
the management of permanent school fund land, which is held in trust for the school
districts of the state.

new text begin (b) new text end The advisory committee must consist of the following persons or their designees:
the chairs of the education committees of the legislature, the chairs of the legislative
committees with jurisdiction over the K-12 education budget, the chairs of the legislative
committees with jurisdiction over the environment and natural resources policy and
budget, the chair of the senate Committee on Finance and the chair of the house of
representatives Committee on Ways and Means, new text begin one house member of the minority
party appointed by the minority leader, one senator of the minority party appointed
pursuant to the rules of the senate, new text end the commissioner of education, one superintendent
from a nonmetropolitan district, one superintendent from a metropolitan area district, new text begin one
person with expertise on school finance matters, new text end one person with an expertise in forestry,
one person with an expertise in minerals and mining, one person with an expertise in
real estate development, one person with an expertise in renewable energy, one person
with an expertise in finance and land management, and one person with an expertise in
natural resource conservation. The school district superintendents shall be appointed
by the commissioner of education. The committee members with areas of expertise in
forestry, minerals and mining, real estate development, renewable energy, finance and land
management, and natural resource conservation shall be appointed by the commissioner of
natural resources. Members of the legislature shall be given the opportunity to recommend
candidates for vacancies on the committee to the commissioners of education and natural
resources. The advisory committee must also include a nonvoting member appointed
by the commissioner of natural resources.

new text begin (c) new text end The commissioner of natural resources shall provide administrative support to
the committee.

new text begin (d) new text end The members of the committee shall serve without compensation. The members
of the Permanent School Fund Advisory Committee shall elect their chair and are bound
by the provisions of sections 43A.38 and 116P.09, subdivision 6.

new text begin (e) The terms of members appointed by the commissioners of education and natural
resources are staggered four-year terms according to section 15.059, subdivision 2.
Members may be reappointed at the pleasure of the appointing authority. Members are
subject to removal according to section 15.059, subdivision 4.
new text end

new text begin (f) The other members of the Permanent School Fund Advisory Committee serve
at the pleasure of their respective appointing authorities and their terms expire upon the
appointment of their successors.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end