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MN HF2334
Bill
Status
2/25/2014
Primary Sponsor
John Persell
Click for details
AI Summary
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Appropriates unspecified amount from bond proceeds fund to the Commissioner of Natural Resources to acquire school trust lands where revenue generation is prohibited.
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Requires all payments from the appropriation to be deposited into the permanent school fund under Minnesota Statutes section 11A.16.
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Authorizes the Commissioner of Management and Budget to sell and issue state bonds up to an unspecified amount to provide the appropriated funds, subject to Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7.
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Defines "school trust land" according to Minnesota Statutes section 92.025.
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Becomes effective the day following final enactment.
Legislative Description
Natural Resources Department school trust land acquisition funding provided, bonds issued, and money appropriated.
Last Action
Author added Ward, J.E.
3/10/2014