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MN HF3165
Bill
Status
3/17/2014
Primary Sponsor
Paul Torkelson
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AI Summary
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Appropriates $500,000 from bond proceeds fund to the Board of Water and Soil Resources for a grant to Minnesota River Basin Projects, Inc. for flood hazard mitigation capital improvements in Area II of the Minnesota River Basin.
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Funding is contingent on the board determining that $1 in nonstate funding is committed for every $3 of state grant funds.
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Authorizes the commissioner of management and budget to sell and issue up to $500,000 in state bonds to provide the appropriated funds, following procedures in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution.
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Sections 1 and 2 become effective the day following final enactment.
Legislative Description
Minnesota River Basin Area II flood hazard mitigation funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Environment, Natural Resources and Agriculture Finance
3/17/2014