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Minnesota Legislature

Office of the Revisor of Statutes

SF 3121

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

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

Current Version - as introduced

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A bill for an act
relating to capital improvements; appropriating money for preservation of state
historic sites; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginAPPROPRIATION.
new text end

new text begin $7,349,000 is appropriated from the bond proceeds fund to the Minnesota Historical
Society for capital improvements and betterments at state historic sites, buildings,
landscaping at historic buildings, exhibits, markers, and monuments, to be spent in
accordance with Minnesota Statutes, section 16B.307. The society shall determine project
priorities as appropriate based on need.
new text end

Sec. 2. new text beginBOND SALE.
new text end

new text begin To provide the money appropriated in this act from the bond proceeds fund, the
commissioner of finance shall sell and issue bonds of the state in an amount up to
$7,349,000 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

Sec. 3. new text beginEFFECTIVE DATE.
new text end

new text begin Sections 1 and 2 are effective the day following final enactment.
new text end