Loading chat...
MN HF2431
Bill
Status
Introduced
2/27/2014
Primary Sponsor
John Benson
Click for details
AI Summary
- Amends Laws 2012, chapter 249, section 11 to extend funding for the school trust lands director and Legislative Permanent School Fund Commission through fiscal year 2016 (previously only through 2015)
- Changes funding source from state forest development account and minerals management account to state forest suspense account under Minnesota Statutes section 16A.125
- Removes the requirement that the minerals management account under Minnesota Statutes section 93.2236 be used as a funding source
- Requires the school trust lands director and Legislative Permanent School Fund Commission to submit a proposal to the 2015 legislature for funding operational costs using a cost certification method based on revenues generated by permanent school fund lands
- Effective the day following final enactment
Legislative Description
School trust lands director and the Legislative Permanent School Fund Commission funding amended.
Last Action
Author added Simon
3/27/2014
Committee Referrals
Environment, Natural Resources and Agriculture Finance2/27/2014
Full Bill Text
No bill text available