1999 Minnesota Statutes

     115B.421 Closed landfill investment fund. 

    The closed landfill investment fund is established in the 
 state treasury.  The fund consists of money credited to the 
 fund, and interest and other earnings on money in the fund.  The 
 commissioner of finance shall transfer an initial amount of 
 $5,100,000 from the balance in the solid waste fund beginning in 
 fiscal year 2000 and shall continue to transfer $5,100,000 for 
 each following fiscal year, ceasing after 2003.  The fund shall 
 be managed to maximize long-term gain through the state board of 
 investment.  Money in the fund may be spent by the commissioner 
 after fiscal year 2020 in accordance with section 115B.42, 
 subdivision 2, clauses (1) to (6).  

    HIST: 1999 c 231 s 143