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SF 2441

as introduced - 91st Legislature (2019 - 2020) Posted on 03/14/2019 09:20am

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

Current Version - as introduced

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A bill for an act
relating to natural resources; providing for transfer of money to forest management
investment account if forestry certified costs exceed available revenue; amending
Minnesota Statutes 2018, section 16A.125, subdivision 5.

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

Section 1.

Minnesota Statutes 2018, section 16A.125, subdivision 5, is amended to read:


Subd. 5.

Forest trust lands.

(a) The term "state forest trust fund lands" as used in this
subdivision, means public land in trust under the constitution set apart as "forest lands under
the authority of the commissioner" of natural resources as defined by section 89.001,
subdivision 13
.

(b) The commissioner of management and budget shall credit the revenue from the forest
trust fund lands to the forest suspense account. The account must specify the trust funds
interested in the lands and the respective receipts of the lands.

(c) After a fiscal year, the commissioner of management and budget shall certify the
costs incurred for forestry during that year under appropriations for the improvement,
administration, and management of state forest trust fund lands and construction and
improvement of forest roads to enhance the forest value of the lands. The certificate must
specify the trust funds interested in the lands. After deleted text begin presentationdeleted text end new text begin submittalnew text end to the Legislative
Permanent School Fund Commission, the commissioner of natural resources shall supply
the commissioner of management and budget with the information needed for the certificate.
The certificate deleted text begin shalldeleted text end new text begin mustnew text end include an analysis that compares costs certified under this section
with costs incurred on other public and private lands with similar land assets.

(d) After a fiscal year, the commissioner shall distribute the receipts credited to the
suspense account during that fiscal year deleted text begin as followsdeleted text end new text begin in the following ordernew text end :

(1) new text begin first, new text end the amount of the certified costs incurred by the state for forest management,
forest improvement, and road improvement during the fiscal year deleted text begin shalldeleted text end new text begin mustnew text end be transferred
to the forest management investment account established under section 89.039;

(2) new text begin second, new text end the amount of costs incurred by the Legislative Permanent School Fund
Commission under section 127A.30deleted text begin ,deleted text end and by the school trust lands director under section
127A.353deleted text begin , shalldeleted text end new text begin mustnew text end be transferred to the general fund;

(3) new text begin third, new text end the balance of the certified costs incurred by the state during the fiscal year
deleted text begin shalldeleted text end new text begin mustnew text end be transferred to the general fund; and

(4) the balance of the receipts deleted text begin shalldeleted text end new text begin mustnew text end then be returned prorated to the trust funds in
proportion to their respective interests in the lands which produced the receipts.

new text begin (e) In the event that the certified costs exceed available revenues, the commissioner of
management and budget must transfer the difference from the general fund into the forest
management investment account established under section 89.039. The general fund transfer
must not exceed the amount of money appropriated for nonforest management activities
during the year.
new text end