Bill Text: MN HF139 | 2011-2012 | 87th Legislature | Introduced


Bill Title: Lake Vermilion State Park development funding provided, bonds issued, and money appropriated.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-01-20 - Introduction and first reading, referred to Environment, Energy and Natural Resources Policy and Finance [HF139 Detail]

Download: Minnesota-2011-HF139-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for the development of Lake
1.3Vermillion State Park; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5    Section 1. LAKE VERMILLION STATE PARK DEVELOPMENT.
1.6    Subdivision 1. Appropriation. $....... is appropriated from the bond proceeds fund
1.7to the commissioner of natural resources for the development of Lake Vermillion State
1.8Park, established under Minnesota Statutes, section 85.012, subdivision 38a.
1.9    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.10bond proceeds fund, the commissioner of management and budget shall sell and issue
1.11bonds of the state in an amount up to $....... in the manner, upon the terms, and with
1.12the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.13Minnesota Constitution, article XI, sections 4 to 7.
1.14EFFECTIVE DATE.This section is effective the day following final enactment.
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