1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for forests and forestry capital 
1.3 	projects; 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. FORESTS AND FORESTRY CAPITAL PROJECTS.
 1.6 		Subdivision 1.Appropriation; forests for the future. $5,000,000 is appropriated from 
1.7 	the bond proceeds fund to the commissioner of natural resources for the Minnesota forests 
1.8 	for the future program under Minnesota Statutes, section 84.66.
1.9 		Subd. 2.Appropriation; reforestation. $5,000,000 is appropriated from the bond 
1.10 	proceeds fund to the commissioner of natural resources to provide for reforestation and 
1.11 	stand improvement on state forest lands to meet the reforestation requirements of Minnesota 
1.12 	Statutes, section 89.002, subdivision 2, including purchasing native seeds and native 
1.13 	seedlings, planting, seeding, site preparation, and protection on state lands administered by 
1.14 	the commissioner.
1.15 		Subd. 3.Appropriation; state forest nursery facilities. $5,000,000 is appropriated 
1.16 	from the bond proceeds fund to the commissioner of natural resources for state forest nursery 
1.17 	facilities for purposes of producing native forest seed and native seedlings, including  under 
1.18 	Minnesota Statutes, sections 89.36 and 89.37.
1.19 		Subd. 4.Bond sale. To provide the money appropriated in this section from the bond 
1.20 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.21 	the state in an amount up to $15,000,000 in the manner, upon the terms, and with the effect 
2.1 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
2.2 	Constitution, article XI, sections 4 to 7.

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