HF 3853

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/15/2024 09:36am

A bill for an act
relating to capital investment; appropriating money for a veterans memorial in
Howard Lake; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. VETERANS MEMORIAL; HOWARD LAKE.

Subdivision 1.

Appropriation.

$150,000 is appropriated to the commissioner of veterans
affairs for a grant to the city of Howard Lake to construct, furnish, and equip a veterans
memorial in Howard Lake.

Subd. 2.

Bond sale.

To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $150,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.

EFFECTIVE DATE.

This section is effective the day following final enactment.