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SF 2021

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/22/2023 09:12am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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1.17

A bill for an act
relating to capital investment; appropriating money for improvements at Southwest
Minnesota State University; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin SOUTHWEST MINNESOTA STATE UNIVERSITY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $7,000,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development to provide a grant to the
city of Marshall to design, renovate, furnish, and equip spaces in the social sciences building
of Southwest Minnesota State University to provide regional educational service alternatives
to at-risk students, special education students, students with severe disabilities, students
with a diagnosis of autism spectrum disorder, or students with behavioral issues.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $7,000,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
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