Minnesota Legislature
SF 2672
as introduced - 91st Legislature (2019 - 2020) Posted on 07/02/2019 10:24am
Current Version - as introduced
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A bill for an act
relating to state lands; modifying prior appropriations; amending Laws 2016,
chapter 189, article 3, section 6, as amended; Laws 2017, chapter 93, article 1,
section 9.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Laws 2016, chapter 189, article 3, section 6, as amended by Laws 2017, chapter
93, article 1, section 12, is amended to read:
Sec. 6. ADMINISTRATION
|
$ |
250,000 |
$ |
-0- |
||
$250,000 the first year is from the state forest
suspense account in the permanent school fund
for the school trust lands director to initiate
deleted text begin real estate development projects ondeleted text end new text begin and
complete a 25-year framework for managing new text end
school trust lands as deleted text begin determined by the school
trust lands directordeleted text end new text begin described in Minnesota
Statutes, section 127A.353, subdivision 4,
paragraph (a), clause (6)new text end . This is a onetime
appropriation and is available until deleted text begin June 30,
2019deleted text end new text begin expendednew text end .
Sec. 2.
Laws 2017, chapter 93, article 1, section 9, is amended to read:
Sec. 9. ADMINISTRATION
|
$ |
800,000 |
$ |
300,000 |
||
(a) $300,000 the first year and $300,000 the
second year are from the state forest suspense
account in the permanent school fund for the
school trust lands director. This appropriation
is to be used for securing long-term economic
return from the school trust lands consistent
with fiduciary responsibilities and sound
natural resources conservation and
management principles.
(b) $500,000 the first year is from the state
forest suspense account in the permanent
school fund for the school trust lands director
to initiate the deleted text begin private sale of surplus school
trust lands identified according to Minnesota
Statutes, section 92.82, paragraph (d)deleted text end new text begin
Boundary Waters Canoe Area Wilderness
private forest land alternative with the United
States Department of Agriculture Forest
Service and a nonprofit partner. The school
trust lands director may use these funds for
project costsnew text end , including but not limited to
new text begin environmental assessments, new text end valuation
expenses, legal feesnew text begin , closing costsnew text end , and
transactional staff costs. This is a onetime
appropriation and is available until deleted text begin June 30,
2019deleted text end new text begin expendednew text end .