1.1 	A bill for an act
1.2 	relating to higher education; increasing revenue bond authority; amending 
1.3 	Minnesota Statutes 2006, section 136A.29, subdivision 9.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2006, section 136A.29, subdivision 9, is amended to 
1.6 	read:
1.7 		Subd. 9.Revenue bonds; limit. The authority is authorized and empowered 
1.8 	to issue revenue bonds whose aggregate principal amount at any time shall not exceed 
1.9 	~~$800,000,000~~$950,000,000 and to issue notes, bond anticipation notes, and revenue 
1.10 	refunding bonds of the authority under the provisions of sections 136A.25 to 136A.42, 
1.11 	to provide funds for acquiring, constructing, reconstructing, enlarging, remodeling, 
1.12 	renovating, improving, furnishing, or equipping one or more projects or parts thereof.