1.1 	A bill for an act
1.2 	relating to higher education; appropriating money to the Board of Trustees of 
1.3 	the Minnesota State Colleges and Universities for compensation costs associated 
1.4 	with the settlement of employment contracts.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. MINNESOTA STATE COLLEGES AND UNIVERSITIES; 
1.7 	SETTLEMENT OF EMPLOYMENT CONTRACTS.
 1.8 	$17,000,000 in fiscal year 2015 is appropriated from the general fund to the Board 
1.9 	of Trustees of the Minnesota State Colleges and Universities for compensation costs 
1.10 	associated with the settlement of employment contracts for fiscal year 2014. The board's 
1.11 	appropriation base is increased by $14,000,000 in fiscal years 2016 and 2017.