<div class="xtend">
         <div class="xtend_ce"><a id="pl.1.1"></a><var>1.1</var>A bill for an act<br />
            		
         </div><a id="pl.1.2"></a><var>1.2</var>relating to higher education; increasing the revenue bond limit of the higher <br />
         		<a id="pl.1.3"></a><var>1.3</var>education facilities authority; amending Minnesota Statutes 2008, section <br />
         		<a id="pl.1.4"></a><var>1.4</var>136A.29, subdivision 9.<br />
         		<a id="pl.1.5"></a><var>1.5</var>BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:<br />
         		<br />
         		<a id="bill.0.1.0"></a><a id="pl.1.6"></a><var>1.6</var>&nbsp;&nbsp;&nbsp;&nbsp;Section 1. Minnesota Statutes 2008, section 136A.29, subdivision 9, is amended to <br />
         		<a id="pl.1.7"></a><var>1.7</var>read:<br />
         		<a id="pl.1.8"></a><var>1.8</var>&nbsp;&nbsp;&nbsp;&nbsp;Subd. 9. <b>Revenue bonds; limit.</b> The authority is authorized and empowered <br />
         		<a id="pl.1.9"></a><var>1.9</var>to issue revenue bonds whose aggregate principal amount at any time shall not exceed <br />
         		<a id="pl.1.10"></a><var>1.10</var>~~$950,000,000~~ $1,300,000,000 and to issue notes, bond anticipation notes, and revenue <br />
         		<a id="pl.1.11"></a><var>1.11</var>refunding bonds of the authority under the provisions of sections 
         <statute_ref>136A.25</statute_ref> to 
         <statute_ref>136A.42</statute_ref>, <br />
         		<a id="pl.1.12"></a><var>1.12</var>to provide funds for acquiring, constructing, reconstructing, enlarging, remodeling, <br />
         		<a id="pl.1.13"></a><var>1.13</var>renovating, improving, furnishing, or equipping one or more projects or parts thereof. <br />
         		<a id="pl.1.14"></a><var>1.14</var><b>EFFECTIVE DATE.</b>This section is effective the day following final enactment.<br />
         		
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