1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a pilot facility to generate 
1.3 	electricity using plasma arc technology and Minnesota biomass or waste 
1.4 	materials; authorizing the issuance of general obligation bonds. 
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. APPROPRIATION; BOARD OF REGENTS OF THE UNIVERSITY 
1.7 	OF MINNESOTA FOR A PILOT BIOMASS ENERGY FACILITY.
 1.8 	$5,000,000 is appropriated from the bond proceeds fund to the Board of Regents 
1.9 	of the University of Minnesota to design, construct, furnish, and equip a biomass waste 
1.10 	to energy pilot facility using plasma arc technology to generate electrical power using a 
1.11 	variety of Minnesota feedstocks or waste materials. The pilot facility must be developed 
1.12 	in collaboration with Minnesota industry. This appropriation is not available until the 
1.13 	commissioner of finance determines that $2,500,000 has been committed to the project 
1.14 	from nonstate sources.

1.15 	Sec. 2. BOND SALE.
 1.16 	To provide the money appropriated by section 1 from the bond proceeds fund, 
1.17 	the commissioner of finance shall sell and issue bonds of the state in an amount up to 
1.18 	$5,000,000 in the manner, on the terms, and with the effect prescribed by Minnesota 
1.19 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
1.20 	sections 4 to 7.

1.21 	Sec. 3. EFFECTIVE DATE.
 1.22 	Sections 1 and 2 are effective the day following final enactment.