1.1 A bill for an act 1.2 relating to capital investment; appropriating money for state park and recreation 1.3 area acquisition; authorizing the sale and issuance of state bonds. 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.5 Section 1. STATE PARK AND RECREATION AREA ACQUISITION. 1.6 Subdivision 1.Appropriation.$10,000,000 is appropriated from the bond proceeds 1.7fund to the commissioner of natural resources to acquire from willing sellers private lands 1.8within state parks established under Minnesota Statutes, section 85.012, and state recreation 1.9areas established under Minnesota Statutes, section 85.013, that may be used for the creation 1.10of a new, or expansion of an existing, state park or state recreation area. 1.11 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond 1.12proceeds fund, the commissioner of management and budget shall sell and issue bonds of 1.13the state in an amount up to $10,000,000 in the manner, upon the terms, and with the effect 1.14prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 1.15Constitution, article XI, sections 4 to 7. 1.16 EFFECTIVE DATE.This section is effective the day following final enactment. 1Section 1. REVISOR JSK/HL 25-0083812/02/24 State of Minnesota This Document can be made available in alternative formats upon request HOUSE OF REPRESENTATIVES H. F. No. 1314 NINETY-FOURTH SESSION Authored by Hollins02/20/2025 The bill was read for the first time and referred to the Committee on Capital Investment