SF 777

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to natural resources; modifying disposition
of proceeds from sale of tax-forfeited lands bordering
public waters; creating the riparian land enhancement
account; appropriating money; amending Minnesota
Statutes 2004, section 282.09, by adding a
subdivision; proposing coding for new law in Minnesota
Statutes, chapter 84.

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

Section 1.

new text begin [84.976] RIPARIAN LAND ENHANCEMENT ACCOUNT.
new text end

new text begin The riparian land enhancement account is created as an
account in the natural resources fund. Interest accruing from
investment of the account shall be credited to the account.
new text end

Sec. 2.

Minnesota Statutes 2004, section 282.09, is
amended by adding a subdivision to read:

new text begin Subd. 3. new text end

new text begin Sale of land bordering public
waters. new text end

new text begin Notwithstanding subdivision 1, when money is generated
from the sale of tax-forfeited land that borders public waters,
the county auditor shall place only that portion of the money
into the forfeited tax sale fund that is directly related to
conducting the sale, including the costs of appraising the land,
conducting any necessary land surveys, and work associated with
clearing title to the land. All remaining money received from
the sale shall be paid into the riparian land enhancement
account of the natural resources fund. Money accruing and
credited to the riparian land enhancement account under this
subdivision is appropriated to the commissioner of natural
resources to issue grants for improving water resources in the
vicinity of the land that is sold. Grant projects may include,
but are not limited to, creation or enhancement of public water
accesses, shoreland and aquatic habitat improvement, water
quality improvement, or watershed enhancements that would
directly impact water resources in proximity to the former
tax-forfeited land. Appropriations under this subdivision
remain available until spent.
new text end