1.1.................... moves to amend H.F. No. 2700 as follows:
1.2Page 60, after line 25, insert:

1.3    "Sec. 32. Minnesota Statutes 2008, section 116J.435, as amended by Laws 2009,
1.4chapter 35, sections 1, 2, chapter 78, article 2, section 12, , is amended to read:
1.5116J.435 BIOSCIENCE INNOVATIVE BUSINESS DEVELOPMENT PUBLIC
1.6INFRASTRUCTURE GRANT PROGRAM.
1.7    Subdivision 1. Creation of account. A bioscience An innovative business
1.8development public infrastructure account is created in the bond proceeds fund. Money
1.9in the account may only be used for capital costs of public infrastructure for eligible
1.10bioscience innovative business development projects.
1.11    Subd. 2. Definitions. For purposes of this section:
1.12(1) "local governmental unit" means a county, city, town, special district, public
1.13higher education institution, or other political subdivision or public corporation;
1.14(2) "governing body" means the council, board of commissioners, board of trustees,
1.15board of regents, or other body charged with governing a local governmental unit;
1.16(3) "public infrastructure" means publicly owned physical infrastructure in this state,
1.17including, but not limited to, wastewater collection and treatment systems, drinking water
1.18systems, storm sewers, utility extensions, telecommunications infrastructure, streets,
1.19roads, bridges, parking ramps, facilities that support basic science technology and clinical
1.20research, and research infrastructure; and
1.21(4) "innovative business" means a business that is engaged in, or is committed to
1.22engage in, innovation in Minnesota in one of the following: using proprietary technology
1.23to add value to a product, process, or service in a high technology field; researching
1.24or developing a proprietary product, process, or service in a high technology field;
1.25researching, developing, or producing a new proprietary technology for use in the fields of
1.26tourism, forestry, mining, transportation or green manufacturing;
2.1(5) "proprietary technology" means the technical innovations that are unique and
2.2legally owned or licensed by a business and includes, without limitation, those innovations
2.3that are patented, patent pending, a subject of trade secrets, or copyrighted; and
2.4(4) (6) "eligible project" means a bioscience an innovative business development
2.5capital improvement project in this state, including: manufacturing; technology;
2.6warehousing and distribution; research and development; bioscience innovative business
2.7incubator; agricultural bioprocessing processing; or industrial, office, or research park
2.8development that would be used by a bioscience-based an innovative business.
2.9    Subd. 3. Grant program established. (a) The commissioner shall make
2.10competitive grants to local governmental units to acquire and prepare land on which
2.11public infrastructure required to support an eligible project will be located, including
2.12demolition of structures and remediation of any hazardous conditions on the land, or to
2.13predesign, design, acquire, construct, furnish, and equip public infrastructure required to
2.14support an eligible project. The local governmental unit receiving a grant must provide for
2.15the remainder of the public infrastructure costs from other sources. The commissioner
2.16may waive the requirements related to an eligible project under subdivision 2 if a project
2.17would be eligible under this section but for the fact that its location requires infrastructure
2.18improvements to residential development.
2.19(b) The amount of a grant may not exceed the lesser of the cost of the public
2.20infrastructure or 50 percent of the sum of the cost of the public infrastructure plus the cost
2.21of the completed eligible project.
2.22(c) The purpose of the program is to keep or enhance jobs in the area, increase the
2.23tax base, or to expand or create new economic development through the growth of new
2.24bioscience innovative businesses and organizations.
2.25    Subd. 4. Application. (a) The commissioner must develop forms and procedures
2.26for soliciting and reviewing applications for grants under this section. At a minimum, a
2.27local governmental unit must include the following information in its application:
2.28(1) a resolution of its governing body certifying that the money required to be
2.29supplied by the local governmental unit to complete the public infrastructure is available
2.30and committed;
2.31(2) a detailed estimate, along with necessary supporting evidence, of the total
2.32development costs for the public infrastructure and eligible project;
2.33(3) an assessment of the potential or likely use of the site for bioscience innovative
2.34business activities after completion of the public infrastructure and eligible project;
2.35(4) a timeline indicating the major milestones of the public infrastructure and eligible
2.36project and their anticipated completion dates;
3.1(5) a commitment from the governing body to repay the grant if the milestones are
3.2not realized by the completion date identified in clause (4); and
3.3(6) any additional information or material the commissioner prescribes.
3.4(b) The determination of whether to make a grant under subdivision 3 is within the
3.5discretion of the commissioner, subject to this section. The commissioner's decisions and
3.6application of the priorities are not subject to judicial review, except for abuse of discretion.
3.7    Subd. 5. Priorities. (a) If applications for grants exceed the available appropriations,
3.8grants must be made for public infrastructure that, in the commissioner's judgment,
3.9provides the highest return in public benefits for the public costs incurred. "Public benefits"
3.10include job creation, environmental benefits to the state and region, efficient use of public
3.11transportation, efficient use of existing infrastructure, provision of affordable housing,
3.12multiuse development that constitutes community rebuilding rather than single-use
3.13development, crime reduction, blight reduction, community stabilization, and property tax
3.14base maintenance or improvement. In making this judgment, the commissioner shall give
3.15priority to eligible projects with one or more of the following characteristics:
3.16(1) the potential of the local governmental unit to attract viable bioscience innovative
3.17 businesses;
3.18(2) proximity to public transit if located in a metropolitan county, as defined in
3.19section 473.121, subdivision 4;
3.20(3) multijurisdictional eligible projects that take into account the need for affordable
3.21housing, transportation, and environmental impact;
3.22(4) the eligible project is not relocating substantially the same operation from another
3.23location in the state, unless the commissioner determines the eligible project cannot be
3.24reasonably accommodated within the local governmental unit in which the business is
3.25currently located, or the business would otherwise relocate to another state or country; and
3.26(5) the number of jobs that will be created.
3.27(b) The factors in paragraph (a) are not listed in a rank order of priority; rather, the
3.28commissioner may weigh each factor, depending upon the facts and circumstances, as
3.29the commissioner considers appropriate.
3.30    Subd. 6. Cancellation of grant. If a grant is awarded to a local governmental unit
3.31and funds are not encumbered for the grant within four years after the award date, the
3.32grant must be canceled.
3.33    Subd. 7. Repayment of grant. If an eligible project supported by public
3.34infrastructure funded with a grant awarded under this section is not occupied by a
3.35bioscience an innovative business in accordance with the grant application under
3.36subdivision 4 within five years after the date of the last grant payment, the grant recipient
4.1must repay the amount of the grant received. The commissioner must deposit all money
4.2received under this subdivision into the state treasury and credit it to the debt service
4.3account in the state bond fund."
4.4Renumber the sections in sequence and correct the internal references
4.5Amend the title accordingly