1.1 A bill for an act
1.2 relating to capital investment; appropriating money for state trails; authorizing the
1.3 sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. STATE TRAIL MAINTENANCE.
1.6 Subdivision 1.Appropriation.$9,600,000 is appropriated from the bond proceeds fund
1.7to the commissioner of natural resources to renovate paved state trails established under
1.8Minnesota Statutes, section 85.015, according to the commissioner's priorities and as provided
1.9in Minnesota Statutes, section 84.946.
1.10 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.11proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.12the state in an amount up to $9,600,000 in the manner, upon the terms, and with the effect
1.13prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.14Constitution, article XI, sections 4 to 7.
1.15 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
REVISOR JSK/CH 25-0083912/02/24
State of Minnesota
This Document can be made available
in alternative formats upon request
HOUSE OF REPRESENTATIVES
H. F. No. 1964
NINETY-FOURTH SESSION
Authored by Lillie and Skraba03/06/2025
The bill was read for the first time and referred to the Committee on Capital Investment