1.1 	A bill for an act
1.2 	relating to natural resources; providing for transfer of money to forest management 
1.3 	investment account if forestry certified costs exceed available revenue;amending 
1.4 	Minnesota Statutes 2018, section 16A.125, subdivision 5.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2018, section 16A.125, subdivision 5, is amended to read:
1.7 		Subd. 5.Forest trust lands. (a) The term "state forest trust fund lands" as used in this 
1.8 	subdivision, means public land in trust under the constitution set apart as "forest lands under 
1.9 	the authority of the commissioner" of natural resources as defined by section 89.001, 
1.10 	subdivision 13.
1.11 	(b) The commissioner of management and budget shall credit the revenue from the forest 
1.12 	trust fund lands to the forest suspense account. The account must specify the trust funds 
1.13 	interested in the lands and the respective receipts of the lands.
1.14 	(c) After a fiscal year, the commissioner of management and budget shall certify the 
1.15 	costs incurred for forestry during that year under appropriations for the improvement, 
1.16 	administration, and management of state forest trust fund lands and construction and 
1.17 	improvement of forest roads to enhance the forest value of the lands. The certificate must 
1.18 	specify the trust funds interested in the lands. After ~~presentation~~ submittal to the Legislative 
1.19 	Permanent School Fund Commission, the commissioner of natural resources shall supply 
1.20 	the commissioner of management and budget with the information needed for the certificate. 
1.21 	The certificate ~~shall~~ must include an analysis that compares costs certified under this section 
1.22 	with costs incurred on other public and private lands with similar land assets.
2.1 	(d) After a fiscal year, the commissioner shall distribute the receipts credited to the 
2.2 	suspense account during that fiscal year ~~as follows~~ in the following order:
2.3 	(1) first, the amount of the certified costs incurred by the state for forest management, 
2.4 	forest improvement, and road improvement during the fiscal year ~~shall~~ must be transferred 
2.5 	to the forest management investment account established under section 89.039;
2.6 	(2) second, the amount of costs incurred by the Legislative Permanent School Fund 
2.7 	Commission under section 127A.30~~,~~ and by the school trust lands director under section 
2.8 	127A.353~~, shall~~ must be transferred to the general fund;
2.9 	(3) third, the balance of the certified costs incurred by the state during the fiscal year 
2.10 	~~shall~~ must be transferred to the general fund; and
2.11 	(4) the balance of the receipts ~~shall~~ must then be returned prorated to the trust funds in 
2.12 	proportion to their respective interests in the lands which produced the receipts.
2.13 	(e) In the event that the certified costs exceed available revenues, the commissioner of 
2.14 	management and budget must transfer the difference from the general fund into the forest 
2.15 	management investment account established under section 89.039. The general fund transfer 
2.16 	must not exceed the amount of money appropriated for nonforest management activities 
2.17 	during the year.