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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. Beginning July 1, 2003, funds must be deposited as
described in section 115B.445. 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 sections 115B.39 to 115B.444.
History: 1999 c 231 s 143; 2003 c 128 art 2 s 30

Official Publication of the State of Minnesota
Revisor of Statutes