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MN SF1903

Bill

Official Source

Status

Introduced

2/25/2014

Primary Sponsor

Charles Wiger

Click for details

Origin

Senate

88th Legislature 2013-2014

AI Summary

  • Appropriates unspecified bond proceeds to the Commissioner of Natural Resources to acquire school trust lands where revenue generation is prohibited
  • Requires all payments from the acquisition to be deposited into the permanent school fund under Minnesota Statutes section 11A.16
  • Authorizes the Commissioner of Management and Budget to sell and issue state bonds in an unspecified amount to fund the appropriation
  • Defines "school trust land" according to Minnesota Statutes section 92.025
  • Effective the day following final enactment

Legislative Description

School trust land acquisition bond issue and appropriation

Last Action

Author added Ruud

3/12/2014

Committee Referrals

Finance2/25/2014

Full Bill Text

No bill text available