Old | New | Differences | |
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1 | 1 | 1.1 A bill for an act | |
2 | 2 | 1.2 relating to capital investment; appropriating money for the port development | |
3 | 3 | 1.3 assistance program; authorizing the sale and issuance of state bonds. | |
4 | 4 | 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: | |
5 | 5 | 1.5 Section 1. PORT DEVELOPMENT ASSISTANCE. | |
6 | 6 | 1.6 Subdivision 1.Appropriation.$44,000,000 is appropriated from the bond proceeds | |
7 | 7 | 1.7fund to the commissioner of transportation for purposes of the port development assistance | |
8 | 8 | 1.8program under Minnesota Statutes, chapter 457A. Any improvements made with the proceeds | |
9 | 9 | 1.9of these grants must be publicly owned. | |
10 | 10 | 1.10 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond | |
11 | 11 | 1.11proceeds fund, the commissioner of management and budget shall sell and issue bonds of | |
12 | 12 | 1.12the state in an amount up to $44,000,000 in the manner, upon the terms, and with the effect | |
13 | 13 | 1.13prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota | |
14 | 14 | 1.14Constitution, article XI, sections 4 to 7. | |
15 | 15 | 1.15 EFFECTIVE DATE.This section is effective the day following final enactment. | |
16 | 16 | 1Section 1. | |
17 | 17 | REVISOR JSK/DG 25-0267801/22/25 | |
18 | 18 | State of Minnesota | |
19 | 19 | This Document can be made available | |
20 | 20 | in alternative formats upon request | |
21 | 21 | HOUSE OF REPRESENTATIVES | |
22 | 22 | H. F. No. 1537 | |
23 | 23 | NINETY-FOURTH SESSION |