1.1 	A bill for an act
1.2 	relating to capital budget; specifying application of debt management guideline 
1.3 	to the outdoor heritage, clean water, parks and trails, and arts and cultural heritage 
1.4 	sales tax; proposing coding for new law in Minnesota Statutes, chapter 16A.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. [16A.6415] DEBT MANAGEMENT.
1.7 	For the purposes of any debt management policies of the state, state general 
1.8 	obligation bonds for which debt service is paid from revenue from the outdoor heritage, 
1.9 	clean water, parks and trails, and arts and cultural heritage sales tax imposed under the 
1.10 	Minnesota Constitution, article XI, section 15, appropriated to the state bond fund are not 
1.11 	included in the calculation of debt for which a general fund appropriation for debt service 
1.12 	is made.