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MN HF3242
Bill
Status
3/16/2016
Primary Sponsor
Bob Gunther
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AI Summary
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Appropriates $10,000,000 from the bond proceeds fund to the commissioner of employment and economic development for the greater Minnesota business development public infrastructure grant program under Minnesota Statutes, section 116J.431.
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Authorizes the commissioner of management and budget to sell and issue state bonds up to $10,000,000 to provide the appropriated funds.
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Bond issuance and sale shall follow procedures prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and Minnesota Constitution, article XI, sections 4 to 7.
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Effective the day following final enactment.
Legislative Description
Greater Minnesota business development public infrastructure grant program funding provided, bonds issued, and money appropriated.
Last Action
Committee report, to adopt and re-refer to Capital Investment
3/30/2016