1.1 A bill for an act
1.2 relating to capital investment; appropriating money for forests and forestry capital
1.3 projects; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. FORESTS AND FORESTRY CAPITAL PROJECTS.
1.6 Subdivision 1.Reforestation.$18,000,000 is appropriated from bond proceeds fund to
1.7the commissioner of natural resources to provide for reforestation on state forest lands to
1.8meet the reforestation requirements of Minnesota Statutes, section 89.002, subdivision 2,
1.9including purchasing native seeds and native seedlings, planting, seeding, site preparation,
1.10and protection on state lands administered by the commissioner. Of this amount, $8,000,000
1.11may be used for forest stand improvement and management and treatment of emerald ash
1.12borer and spruce budworm on state forest lands under Minnesota Statutes, sections 88.01
1.13and 88.06.
1.14 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.15proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.16the state in an amount up to $18,000,000 in the manner, upon the terms, and with the effect
1.17prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.18Constitution, article XI, sections 4 to 7.
1.19 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
25-01473 as introduced12/18/24 REVISOR JSK/RC
SENATE
STATE OF MINNESOTA
S.F. No. 1833NINETY-FOURTH SESSION
(SENATE AUTHORS: DIBBLE, Eichorn, Hauschild, Johnson Stewart and Hawj)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/24/2025
Referred to Capital Investment