1.1.................... moves to amend H.F. No. 471 as follows:
1.2Page 16, after line 7, insert:
1.3"
(h) Outdoor Heritage Land Restoration
1.4and Enhancement Account
1.5$5,600,000 the first year is to the
1.6commissioner of management and budget to
1.7be deposited into the outdoor heritage land
1.8restoration and enhancement account within
1.9the special revenue fund to be used to pay
1.10for future restoration and enhancement of
1.11lands purchased in fee with monies from the
1.12outdoor heritage fund and held by the state
1.13and to compensate for costs incurred by local
1.14units of government in which the state lands
1.15lie."
1.16Page 26, after line 34, insert:
1.17 "Sec. 4. Minnesota Statutes 2010, section 97A.056, is amended by adding a subdivision
1.18to read:
1.19 Subd. 1b. Outdoor heritage land restoration and enhancement account. An
1.20outdoor heritage land restoration and enhancement account is created as an account in the
1.21special revenue fund. The State Board of Investment shall ensure the account is invested
1.22under section 11A.24. The commissioner of management and budget shall credit to the
1.23account all money appropriated to the account and all money earned by the account. The
1.24principal of the account and any unexpended earnings must be invested and reinvested by
1.25the State Board of Investment. Nothing in this section limits the source of contributions to
1.26the account. No more than five and one half percent of the market value of the account as
2.1of June 30 of the prior fiscal year is appropriated to the commissioner of natural resources
2.2to pay for future restoration and enhancement of lands purchased in fee with monies from
2.3the outdoor heritage fund and held by the state and to compensate for costs incurred by
2.4local units of government in which the state lands lie."
2.5Adjust amounts accordingly
2.6Renumber the sections in sequence and correct the internal references
2.7Amend the title accordingly