as introduced - 90th Legislature (2017 - 2018) Posted on 02/17/2017 08:57am
A bill for an act
relating to state lands; providing for disposition of proceeds from sale of certain
tax-forfeited lands in St. Louis County.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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Notwithstanding Minnesota Statutes, chapter 282, and any other law relating to the
disposition of proceeds from the sale of tax-forfeited land, the St. Louis County Board must
deposit any money received from the sale of tax-forfeited land purchased by the Fond du
Lac Band of Lake Superior Chippewa with money appropriated under Laws 2014, chapter
256, article 1, section 2, subdivision 3, paragraph (a), into an environmental trust fund
established by the county. The principal from the sale of the land may not be expended.
The county may spend interest earned on the principal only for purposes related to improving
natural resources.
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This section is effective the day after
the St. Louis County Board and its chief clerical officer timely complete their compliance
with Minnesota Statutes, section 645.021, subdivisions 2 and 3.
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