| 1 | 1 | | 1.1 A bill for an act |
|---|
| 2 | 2 | | 1.2 relating to capital investment; appropriating money for forests and forestry capital |
|---|
| 3 | 3 | | 1.3 projects; 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. FORESTS AND FORESTRY CAPITAL PROJECTS. |
|---|
| 6 | 6 | | 1.6 Subdivision 1.Reforestation.$18,000,000 is appropriated from bond proceeds fund to |
|---|
| 7 | 7 | | 1.7the commissioner of natural resources to provide for reforestation on state forest lands to |
|---|
| 8 | 8 | | 1.8meet the reforestation requirements of Minnesota Statutes, section 89.002, subdivision 2, |
|---|
| 9 | 9 | | 1.9including purchasing native seeds and native seedlings, planting, seeding, site preparation, |
|---|
| 10 | 10 | | 1.10and protection on state lands administered by the commissioner. Of this amount, $8,000,000 |
|---|
| 11 | 11 | | 1.11may be used for forest stand improvement and management and treatment of emerald ash |
|---|
| 12 | 12 | | 1.12borer and spruce budworm on state forest lands under Minnesota Statutes, sections 88.01 |
|---|
| 13 | 13 | | 1.13and 88.06. |
|---|
| 14 | 14 | | 1.14 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
|---|
| 15 | 15 | | 1.15proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
|---|
| 16 | 16 | | 1.16the state in an amount up to $18,000,000 in the manner, upon the terms, and with the effect |
|---|
| 17 | 17 | | 1.17prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
|---|
| 18 | 18 | | 1.18Constitution, article XI, sections 4 to 7. |
|---|
| 19 | 19 | | 1.19 EFFECTIVE DATE.This section is effective the day following final enactment. |
|---|
| 20 | 20 | | 1Section 1. |
|---|
| 21 | 21 | | 25-01473 as introduced12/18/24 REVISOR JSK/RC |
|---|
| 22 | 22 | | SENATE |
|---|
| 23 | 23 | | STATE OF MINNESOTA |
|---|
| 24 | 24 | | S.F. No. 1833NINETY-FOURTH SESSION |
|---|
| 25 | 25 | | (SENATE AUTHORS: DIBBLE, Eichorn, Hauschild, Johnson Stewart and Hawj) |
|---|
| 26 | 26 | | OFFICIAL STATUSD-PGDATE |
|---|
| 27 | 27 | | Introduction and first reading02/24/2025 |
|---|
| 28 | 28 | | Referred to Capital Investment |
|---|