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SF 2931

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

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
Rtf

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15

A bill for an act
 relating to finance; providing for the repayment of money used for mineral
management in fiscal years 2006 and 2007.

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

Section 1. new text begin TRANSFER; REPAYMENT OF MINERAL PAYMENTS FROM
TRUST LANDS.
new text end

new text begin (a) On July 2, 2007, the commissioner of finance shall transfer from the general
fund to the permanent school fund the total amount that was deposited in the minerals
management account in the natural resources fund from mineral payments on permanent
school trust lands under Laws 2005, First Special Session chapter 1, article 2, section
154, paragraph (b).
 new text end

new text begin (b) On July 2, 2007, the commissioner of finance shall transfer from the general fund
to the university trust fund the total amount that was deposited in the minerals management
account in the natural resources fund from mineral payments on university trust lands
under Laws 2005, First Special Session chapter 1, article 2, section 154, paragraph (b).
 new text end