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MN SF2656

Bill

Official Source

Status

Introduced

2/16/2010

Primary Sponsor

Keith Langseth

Click for details

Origin

Senate

86th Legislature 2009-2010

AI Summary

  • Increases the maximum borrowing limit for watershed districts from $600,000 to $2,000,000 in outstanding loans from counties and financial institutions at any time
  • Watershed district managers retain authority to borrow from federal agencies, state agencies, counties where the district is located, or authorized financial institutions under chapter 47
  • County boards maintain ability to lend requested amounts to watershed districts under this subdivision
  • Amends Minnesota Statutes 2008, section 103D.335, subdivision 17

Legislative Description

Watershed districts borrowing authority increase

Last Action

Senate: Withdrawn and re-referred to Taxes

3/4/2010

Committee Referrals

Taxes3/4/2010
Finance2/16/2010

Full Bill Text

No bill text available