1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for shade tree replacement; 
1.3 	authorizing the sale and issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. SHADE TREE REPLACEMENT.
 1.6 		Subdivision 1.Appropriation. $10,000,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of agriculture for grants of up to $1,000,000 to cities, counties, 
1.8 	towns, and park and recreation boards in cities of the first class for the removal and 
1.9 	replacement of publicly owned shade trees damaged by or lost to forest pests or disease, or 
1.10 	to establish a more diverse community forest better able to withstand disease and forest 
1.11 	pests. The commissioner must give priority to grant requests to remove and replace trees 
1.12 	within emerald ash borer quarantined counties. For the purposes of this appropriation, "shade 
1.13 	tree" means a woody perennial grown primarily for aesthetic or environmental services with 
1.14 	minimal to residual timber value and no intent to harvest it for wood.
1.15 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.16 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.17 	the state in an amount up to $10,000,000 in the manner, upon the terms, and with the effect 
1.18 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.19 	Constitution, article XI, sections 4 to 7.

1.20 	EFFECTIVE DATE. This section is effective the day following final enactment.