1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the acquisition of 
1.3 	conservation easements on private forest lands under the Minnesota forests for 
1.4 	the future program; authorizing the sale and issuance of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. MINNESOTA FORESTS FOR THE FUTURE PROGRAM.
 1.7 		Subdivision 1.Appropriation. $8,000,000 is appropriated from the bond proceeds 
1.8 	fund to the commissioner of natural resources to acquire conservation easements under 
1.9 	the Minnesota forests for the future program, under Minnesota Statutes, section 84.66, 
1.10 	on private forest lands and within Forest Legacy Areas established under United States 
1.11 	Code, title 16, section 2103c. The conservation easements must guarantee public access, 
1.12 	including hunting and fishing.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in this act from the bond 
1.14 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.15 	the state in an amount up to $8,000,000 in the manner, upon the terms, and with the effect 
1.16 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.17 	Constitution, article XI, sections 4 to 7.

1.18 	EFFECTIVE DATE. This section is effective the day following final enactment.