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Capital IconMinnesota Legislature

SF 69

1st Engrossment - 84th Legislature, 2005 1st Special Session (2005 - 2005) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to the financing of state government;
providing for structural balance in the state budget;
appropriating money for the environment, agriculture,
and economic development with certain conditions;
fixing and limiting fees; regulating the deposit of
money in the state treasury; regulating transfers
between appropriations and accounts; requiring certain
studies and reports; shortening the holding period for
abandoned securities; amending Minnesota Statutes
2004, section 345.47, subdivisions 3, 3a; proposing
coding for new law in Minnesota Statutes, chapter 93.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

ARTICLE 1

ENVIRONMENT, NATURAL RESOURCES, AND AGRICULTURE

Section 1. new text begin ENVIRONMENT, NATURAL RESOURCES, AND AGRICULTURE
APPROPRIATIONS.
new text end

The sums shown in the columns marked "APPROPRIATIONS" are
appropriated from the general fund, or another named fund, to
the agencies and for the purposes specified in this article, to
be available for the fiscal years indicated for each purpose.
The figures "2006" and "2007," where used in this article, mean
that the appropriation or appropriations listed under them are
available for the year ending June 30, 2006, or June 30, 2007,
respectively. The term "the first year" means the year ending
June 30, 2006, and the term "the second year" means the year
ending June 30, 2007.
SUMMARY BY FUND

2006 2007 TOTAL

General $ 172,418,000 $ 168,941,000 $ 341,359,000

State Government
Special Revenue 48,000 48,000 96,000

Environmental 34,806,000 34,806,000 69,612,000

Natural
Resources 56,833,000 56,833,000 113,666,000

Game and Fish 82,050,000 82,050,000 164,100,000

Remediation 11,857,000 11,857,000 23,714,000

TOTAL $ 358,012,000 $ 354,535,000 $ 712,547,000

APPROPRIATIONS
Available for the Year
Ending June 30
2006 2007

Sec. 2. POLLUTION CONTROL
AGENCY

Subdivision 1.

Total
Appropriation $ 52,979,000 $ 52,979,000

Summary by Fund

General 14,715,000 14,715,000

State Government
Special Revenue 48,000 48,000

Environmental 26,812,000 26,812,000

Remediation 11,404,000 11,404,000

The amounts that may be spent from this
appropriation for each program are
specified in the following subdivisions.

Subd. 2.

Water

19,456,000 19,456,000

Summary by Fund

General 10,467,000 10,467,000

State Government
Special Revenue 48,000 48,000

Environmental 8,941,000 8,941,000

$2,348,000 the first year and
$2,348,000 the second year are for the
clean water partnership program. Any
balance remaining in the first year
does not cancel and is available for
the second year. This appropriation
may be used for grants to local units
of government for the purpose of
restoring impaired waters listed under
section 303(d) of the federal Clean
Water Act in accordance with adopted
total maximum daily loads (TMDLs),
including implementation of approved
clean water partnership diagnostic
study work plans that will assist in
restoration of such impaired waters.

$2,324,000 the first year and
$2,324,000 the second year must be
distributed as grants to delegated
counties to administer the county
feedlot program. Distribution of the
funds must be conducted according to
the following three-part formula:

(1) Number of feedlots in the county:
60 percent of the total appropriation
must be distributed according to the
number of feedlots that are required to
be registered in the county. Grants
awarded under this clause must be
matched with a combination of local
cash and in-kind contributions.

(2) Minimum program requirements: 25
percent of the total appropriation must
be distributed based on the county (i)
conducting an annual number of
inspections at feedlots that is equal
to or greater than seven percent of the
total number of registered feedlots
that are required to be registered in
the county; and (ii) meeting
noninspection minimum program
requirements as identified in the
county feedlot workplan form. Counties
that do not meet the inspection
requirement must not receive 50 percent
of the eligible funding under this
clause. Counties must receive funding
for noninspection requirements under
this clause according to a scoring
system checklist administered by the
department. The commissioner, in
consultation with the Minnesota
Association of County Feedlot Officers
executive team, shall make a final
decision regarding any appeal by a
county regarding the terms and
conditions of this clause.

(3) Performance credits: 15 percent of
the total appropriation must be
distributed according to work that has
been done by the counties during the
fiscal year. The amount must be
determined by the number of performance
credits a county accumulates during the
year based on a performance credit
matrix jointly agreed upon by the
commissioner in consultation with the
Minnesota Association of County Feedlot
Officers executive team. To receive an
award under this clause the county must
meet the requirements of clause (2)(i)
and achieve 90 percent of the
requirements according to clause
(2)(ii) of the formula. The rate of
reimbursement per performance credit
item must not exceed $200.

Delegated counties are eligible for a
minimum grant of $7,500. To receive
the full $7,500 amount a county must
meet the requirements under clause (2)
of the formula. Nondelegated counties
that apply for delegation shall receive
a grant prorated according to the
number of full quarters remaining in
the program year from the date of
commissioner approval of the
delegation. Funds for awards to any
newly delegated counties must be made
out of the appropriation reserved for
clause (3) of the formula. The
commissioner, in consultation with the
Minnesota Association of County Feedlot
Officers executive team, may decide to
use funds reserved for clause (3) of
the formula in an amount not to exceed
five percent of the total annual
appropriation for initiatives to
enhance existing delegated county
feedlot programs, information and
education, or technical assistance
efforts to reduce feedlot-related
pollution hazards. Any funds remaining
after distribution under clauses (1)
and (2) of the formula must be
transferred to clause (3) of the
formula. Any money remaining after the
first year is available for the second
year.

$335,000 the first year and $335,000
the second year are for community
technical assistance and education,
including grants and technical
assistance to communities for local and
basinwide water quality protection.

$405,000 the first year and $405,000
the second year are for individual
sewage treatment system (ISTS)
administration and grants. Of this
amount, $86,000 in each year is for
assistance to local units of government
through competitive grant programs for
ISTS program development. Any
unexpended balance in the first year
does not cancel but is available in the
second year.

$480,000 the first year and $480,000
the second year are from the
environmental fund to address the need
for continued increased activity in the
areas of new technology review,
technical assistance for local
governments, and enforcement under
Minnesota Statutes, sections 115.55 to
115.58, and to complete the
requirements of Laws 2003, chapter 128,
article 1, sections 164 and 165. Of
this amount, $48,000 each year is for
administration of individual septic
tank fees, as provided in Minnesota
Statutes, section 115.551.

Notwithstanding Minnesota Statutes,
section 16A.28, the appropriations
encumbered under contract on or before
June 30, 2007, for clean water
partnership, individual sewage
treatment systems (ISTS), Minnesota
River, total maximum daily loads
(TMDLs), and local and basinwide water
quality protection grants in this
subdivision are available until June
30, 2009.

Subd. 3.

Air

8,765,000 8,765,000

Summary by Fund

Environmental 8,765,000 8,765,000

Up to $150,000 the first year and
$150,000 the second year may be
transferred to the environmental fund
for the small business environmental
improvement loan program established in
Minnesota Statutes, section 116.993.

$200,000 the first year and $200,000
the second year are from the
environmental fund for a monitoring
program under Minnesota Statutes,
section 116.454.

$125,000 the first year and $125,000
the second year are from the
environmental fund for monitoring
ambient air for hazardous pollutants in
the metropolitan area.

Subd. 4.

Land

18,469,000 18,469,000

Summary by Fund

Environmental 7,065,000 7,065,000

Remediation 11,404,000 11,404,000

All money for environmental response,
compensation, and compliance in the
remediation fund not otherwise
appropriated is appropriated to the
commissioners of the Pollution Control
Agency and the Department of
Agriculture for purposes of Minnesota
Statutes, section 115B.20, subdivision
2, clauses (1), (2), (3), (6), and
(7). At the beginning of each fiscal
year, the two commissioners shall
jointly submit an annual spending plan
to the commissioner of finance that
maximizes the utilization of resources
and appropriately allocates the money
between the two agencies. This
appropriation is available until June
30, 2007.

$574,000 the first year and $574,000
the second year are from the petroleum
tank fund to be transferred to the
remediation fund for purposes of the
leaking underground storage tank
program to protect the land.

$200,000 the first year and $200,000
the second year are from the
remediation fund to be transferred to
the Department of Health for private
water supply monitoring and health
assessment costs in areas contaminated
by unpermitted mixed municipal solid
waste disposal facilities.

Subd. 5.

Multimedia

4,306,000 4,306,000

Summary by Fund

General 2,265,000 2,265,000

Environmental 2,041,000 2,041,000

Subd. 6.

Administrative Support

1,983,000 1,983,000

Sec. 3. OFFICE OF ENVIRONMENTAL
ASSISTANCE 19,754,000 19,754,000

Summary by Fund

General 11,760,000 11,760,000

Environmental 7,994,000 7,994,000

$12,500,000 each year is for SCORE
block grants to counties. Of that
amount, $7,060,000 is from the general
fund and $5,440,000 is from the
environmental fund.

Any unencumbered grant and loan
balances in the first year do not
cancel but are available for grants and
loans in the second year.

All money deposited in the
environmental fund for the metropolitan
solid waste landfill fee in accordance
with Minnesota Statutes, section
473.843, and not otherwise
appropriated, is appropriated to the
Office of Environmental Assistance for
the purposes of Minnesota Statutes,
section 473.844.

$119,000 the first year and $119,000
the second year are for environmental
assistance grants or loans under
Minnesota Statutes, section 115A.0716.

Notwithstanding Minnesota Statutes,
section 16A.28, the appropriations
encumbered under contract on or before
June 30, 2007, for environmental
assistance grants awarded under
Minnesota Statutes, section 115A.0716,
and for technical and research
assistance under Minnesota Statutes,
section 115A.152, technical assistance
under Minnesota Statutes, section
115A.52, and pollution prevention
assistance under Minnesota Statutes,
section 115D.04, are available until
June 30, 2009.

Sec. 4. ZOOLOGICAL BOARD 6,681,000 6,681,000

Summary by Fund

General 6,557,000 6,557,000

Natural Resources 124,000 124,000

$124,000 the first year and $124,000
the second year are from the natural
resources fund. This appropriation is
from the revenue deposited in the
natural resources fund under Minnesota
Statutes, section 297A.94, paragraph
(e), clause (5).

Sec. 5. NATURAL RESOURCES

Subdivision 1.

Total
Appropriation 212,158,000 212,158,000

Summary by Fund

General 77,941,000 77,941,000

Natural Resources 52,067,000 52,067,000

Game and Fish 82,050,000 82,050,000

Remediation 100,000 100,000

The amounts that may be spent from this
appropriation for each program are
specified in the following subdivisions.

Subd. 2.

Land and Mineral Resources
Management

7,914,000 7,914,000

Summary by Fund

General 4,925,000 4,925,000

Natural Resources 2,102,000 2,102,000

Game and Fish 887,000 887,000

$275,000 the first year and $275,000
the second year are for iron ore
cooperative research, of which $137,500
the first year and $137,500 the second
year are available only as matched by
$1 of nonstate money for each $1 of
state money. The match may be cash or
in-kind.

$172,000 the first year and $172,000
the second year are for mineral
diversification.

$86,000 the first year and $86,000 the
second year are for minerals
cooperative environmental research, of
which $43,000 the first year and
$43,000 the second year are available
only as matched by $1 of nonstate money
for each $1 of state money. The match
may be cash or in-kind.

$1,946,000 the first year and
$1,946,000 the second year are from the
minerals management account in the
natural resources fund for only the
purposes specified in new Minnesota
Statutes, section 93.2236, paragraph
(c). Of this amount, $1,526,000 the
first year and $1,526,000 the second
year are for mineral resource
management, $420,000 the first year and
$420,000 the second year are for
projects to enhance future income and
promote new opportunities, including
value-added iron products, geological
mapping, and mercury research. The
appropriation is from the revenue
deposited in the minerals management
account under Minnesota Statutes,
section 93.22, subdivision 1, paragraph
(b).

Subd. 3.

Water Resources Management

10,684,000 10,684,000

Summary by Fund

General 10,404,000 10,404,000

Natural Resources 280,000 280,000

$65,000 the first year and $65,000 the
second year are for a grant to the
Mississippi Headwaters Board for up to
50 percent of the cost of implementing
the comprehensive plan for the upper
Mississippi within areas under its
jurisdiction.

$5,000 the first year and $5,000 the
second year are for payment to the
Leech Lake Band of Chippewa Indians to
implement its portion of the
comprehensive plan for the upper
Mississippi.

$125,000 the first year and $125,000
the second year are for the
construction of ring dikes under
Minnesota Statutes, section 103F.161.
The ring dikes may be publicly or
privately owned. Any unencumbered
balance does not cancel at the end of
the first year and is available for the
second year.

Subd. 4.

Forest Management

32,237,000 32,237,000

Summary by Fund

General 26,022,000 26,022,000

Natural Resources 6,215,000 6,215,000

$7,217,000 the first year and
$7,217,000 the second year are for
prevention, presuppression, and
suppression costs of emergency
firefighting and other costs incurred
under Minnesota Statutes, section
88.12. If the appropriation for either
year is insufficient to cover all costs
of presuppression and suppression, the
amount necessary to pay for these costs
during the biennium is appropriated
from the general fund. By November 15
of each year, the commissioner of
natural resources shall submit a report
to the chairs of the house of
representatives Ways and Means
Committee, the senate Finance
Committee, the Environment and
Agriculture Budget Division of the
senate Finance Committee, and the house
of representatives Environment and
Natural Resources Finance Committee,
identifying all firefighting costs
incurred and reimbursements received in
the prior fiscal year. These
appropriations may not be transferred.
Any reimbursement of firefighting
expenditures made to the commissioner
from any source other than federal
mobilizations shall be deposited into
the general fund.

$9,715,000 the first year and
$9,715,000 the second year are from the
forest management investment account in
the natural resources fund for only the
purposes specified in Minnesota
Statutes, section 89.039, subdivision 2.

$730,000 the first year and $730,000
the second year are for the Forest
Resources Council for implementation of
the Sustainable Forest Resources Act.

$350,000 the first year and $350,000
the second year are for the FORIST
timber management information system
and for increased forestry management.

Subd. 5.

Parks and Recreation
Management

29,284,000 29,284,000

Summary by Fund

General 16,211,000 16,211,000

Natural Resources 13,073,000 13,073,000

$640,000 the first year and $640,000
the second year are from the water
recreation account in the natural
resources fund for state park
development projects.

$3,725,000 the first year and
$3,813,000 the second year are from the
natural resources fund for state park
and recreation area operations. This
appropriation is from the revenue
deposited to the natural resources fund
under Minnesota Statutes, section
297A.94, paragraph (e), clause (2).

$8,971,000 the first year and
$8,971,000 the second year are from the
state parks account in the natural
resources fund for state park and
recreation area operations.

Subd. 6.

Trails and Waterways
Management

19,930,000 19,930,000

Summary by Fund

General 1,234,000 1,234,000

Natural Resources 17,012,000 17,012,000

Game and Fish 1,684,000 1,684,000

$5,724,000 the first year and
$5,724,000 the second year are from the
snowmobile trails and enforcement
account in the natural resources fund
for snowmobile grants-in-aid. Any
unencumbered balance does not cancel at
the end of the first year and is
available for the second year.

$625,000 the first year and $625,000
the second year are from the natural
resources fund for off-highway vehicle
grants-in-aid. Of this amount,
$475,000 each year is from the
all-terrain vehicle account; $50,000
each year is from the off-highway
motorcycle account; and $100,000 each
year is from the off-road vehicle
account. Any unencumbered balance does
not cancel at the end of the first year
and is available for the second year.

$261,000 the first year and $261,000
the second year are from the water
recreation account in the natural
resources fund for a safe harbor
program on Lake Superior.

$742,000 the first year and $760,000
the second year are from the natural
resources fund for state trail
operations. This appropriation is from
the revenue deposited in the natural
resources fund under Minnesota
Statutes, section 297A.94, paragraph
(e), clause (2).

$632,000 the first year and $645,000
the second year are from the natural
resources fund for trail grants to
local units of government on land to be
maintained for at least 20 years for
the purposes of the grant. This
appropriation is from the revenue
deposited in the natural resources fund
under Minnesota Statutes, section
297A.94, paragraph (e), clause (4).

Subd. 7.

Fish and Wildlife Management

55,937,000 55,937,000

Summary by Fund

General 1,966,000 1,966,000

Natural Resources 1,392,000 1,392,000

Game and Fish 52,579,000 52,579,000

$407,000 the first year and $412,000
the second year are for resource
population surveys in the 1837 treaty
area. Of this amount, $265,000 the
first year and $270,000 the second year
are from the game and fish fund.

$177,000 the first year and $177,000
the second year are for the reinvest in
Minnesota programs of game and fish,
critical habitat, and wetlands
established under Minnesota Statutes,
section 84.95, subdivision 2.

$1,030,000 the first year and
$1,030,000 the second year are from the
trout and salmon management account for
only the purposes specified in
Minnesota Statutes, section 97A.075,
subdivision 3.

$136,000 the first year and $136,000
the second year are available for
aquatic plant restoration.

Notwithstanding Minnesota Statutes,
section 16A.28, the appropriations
encumbered under contract on or before
June 30, 2007, for aquatic restoration
grants in this subdivision are
available until June 30, 2009.

$2,030,000 the first year and
$2,030,000 the second year are from the
wildlife acquisition surcharge account
for only the purposes specified in
Minnesota Statutes, section 97A.071,
subdivision 2a.

$1,269,000 the first year and
$1,269,000 the second year are from the
deer habitat improvement account for
only the purposes specified in
Minnesota Statutes, section 97A.075,
subdivision 1, paragraph (b).

$332,000 the first year and $332,000
the second year are from the deer and
bear management account for only the
purposes specified in Minnesota
Statutes, section 97A.075, subdivision
1, paragraph (c).

$808,000 the first year and $808,000
the second year are from the waterfowl
habitat improvement account for only
the purposes specified in Minnesota
Statutes, section 97A.075, subdivision
2.

$546,000 the first year and $546,000
the second year are from the pheasant
habitat improvement account for only
the purposes specified in Minnesota
Statutes, section 97A.075, subdivision
4.

$120,000 the first year and $120,000
the second year are from the wild
turkey management account for only the
purposes specified in Minnesota
Statutes, section 97A.075, subdivision
5. Of this amount, $8,000 the first
year and $8,000 the second year are
appropriated from the game and fish
fund for transfer to the wild turkey
management account for purposes
specified in Minnesota Statutes,
section 97A.075, subdivision 5.

$6,558,000 the first year and
$6,558,000 the second year are from the
heritage enhancement account in the
game and fish fund for only the
purposes specified in Minnesota
Statutes, section 297A.94, paragraph
(e), clause (1).

$13,000 the first year and $13,000 the
second year are to publicize the
critical habitat license plate match
program.

Notwithstanding Minnesota Statutes,
section 297A.94, this appropriation may
be used for hunter recruitment and
retention and public land user
facilities.

Notwithstanding Minnesota Statutes,
section 16A.28, the appropriations
encumbered under contract on or before
June 30, 2005, for wildlife habitat
grants in this subdivision are
available until June 30, 2009.

Subd. 8.

Ecological Services

9,173,000 9,173,000

Summary by Fund

General 3,104,000 3,104,000

Natural Resources 2,789,000 2,789,000

Game and Fish 3,280,000 3,280,000

$1,082,000 the first year and
$1,082,000 the second year are from the
nongame wildlife management account in
the natural resources fund for the
purpose of nongame wildlife management.

$477,000 the first year and $477,000
the second year are for the reinvest in
Minnesota programs of game and fish,
critical habitat, and wetlands
established under Minnesota Statutes,
section 84.95, subdivision 2.

$1,588,000 the first year and
$1,588,000 the second year are from the
heritage enhancement account in the
game and fish fund for only the
purposes specified in Minnesota
Statutes, section 297A.94, paragraph
(e), clause (1).

Subd. 9.

Enforcement

27,585,000 27,585,000

Summary by Fund

General 3,346,000 3,346,000

Natural Resources 6,786,000 6,786,000

Game and Fish 17,353,000 17,353,000

Remediation 100,000 100,000

$1,082,000 the first year and
$1,082,000 the second year are from the
water recreation account in the natural
resources fund for grants to counties
for boat and water safety.

$100,000 the first year and $100,000
the second year are from the
remediation fund for solid waste
enforcement activities under Minnesota
Statutes, section 116.073.

$315,000 the first year and $315,000
the second year are from the snowmobile
trails and enforcement account in the
natural resources fund for grants to
local law enforcement agencies for
snowmobile enforcement activities.

$1,164,000 the first year and
$1,164,000 the second year are from the
heritage enhancement account in the
game and fish fund for only the
purposes specified in Minnesota
Statutes, section 297A.94, paragraph
(e), clause (1).

Overtime shall be distributed to
conservation officers at historical
levels; however, a reasonable reduction
or addition may be made to the
officer's allocation, if justified,
based on an individual officer's
workload. If funding for enforcement
is reduced because of an unallotment,
the overtime bank may be reduced in
proportion to reductions made in other
areas of the budget.

$700,000 the first year and $700,000
the second year are from the natural
resources fund for off-highway vehicle
enforcement. Of this amount, $665,000
the first year and $665,000 the second
year are from the all-terrain vehicle
account, $28,000 the first year and
$28,000 the second year are from the
off-highway motorcycle account, and
$7,000 the first year and $7,000 the
second year are from the off-road
vehicle account.

$130,000 the first year and $130,000
the second year are from the
all-terrain vehicle account in the
natural resources fund for
administration of the all-terrain
vehicle environmental and safety
education and training program under
Minnesota Statutes, section 84.925.

$225,000 the first year and $225,000
the second year are from the natural
resources fund for grants to county law
enforcement agencies for off-highway
vehicle enforcement and public
education activities based on
off-highway vehicle use in the county.
Of this amount, $213,000 each year is
from the all-terrain vehicle account;
$11,000 each year is from the
off-highway motorcycle account; and
$1,000 each year is from the off-road
vehicle account. The county
enforcement agencies may use money
received under this appropriation to
make grants to other local enforcement
agencies within the county that have a
high concentration of off-highway
vehicle use. Of this appropriation,
$25,000 each year is for administration
of these grants.

Subd. 10.

Operations Support

19,414,000 19,414,000

Summary by Fund

General 10,729,000 10,729,000

Natural Resources 2,418,000 2,418,000

Game and Fish 6,267,000 6,267,000

$246,000 the first year and $246,000
the second year are from the natural
resources fund for grants to be divided
equally between the city of St. Paul
for the Como Zoo and Conservatory and
the city of Duluth Zoo. This
appropriation is from the revenue
deposited to the natural resources fund
under Minnesota Statutes, section
297A.94, paragraph (e), clause (5).

Sec. 6. MINNESOTA
CONSERVATION CORPS 840,000 840,000

Summary by Fund

General 350,000 350,000

Natural Resources 490,000 490,000

The Minnesota Conservation Corps may
receive money appropriated from the
natural resources fund under this
section only as provided in an
agreement with the commissioner of
natural resources.

Sec. 7. BOARD OF WATER AND
SOIL RESOURCES 15,131,000 15,131,000

$4,102,000 the first year and
$4,102,000 the second year are for
natural resources block grants to local
governments.

The board may reduce the amount of the
natural resources block grant to a
county by an amount equal to any
reduction in the county's general
services allocation to a soil and water
conservation district from the county's
previous year allocation when the board
determines that the reduction was
disproportionate.

Grants must be matched with a
combination of local cash or in-kind
contributions. The base grant portion
related to water planning must be
matched by an amount that would be
raised by a levy under Minnesota
Statutes, section 103B.3369.

$3,566,000 the first year and
$3,566,000 the second year are for
grants to soil and water conservation
districts for general purposes,
nonpoint engineering, and
implementation of the reinvest in
Minnesota conservation reserve
program. Upon approval of the board,
expenditures may be made from these
appropriations for supplies and
services benefiting soil and water
conservation districts.

$3,285,000 the first year and
$3,285,000 the second year are for
grants to soil and water conservation
districts for cost-sharing contracts
for erosion control and water quality
management. Of this amount, at least
$1,500,000 the first year and
$1,500,000 the second year are for
grants for cost-sharing contracts for
water quality management on feedlots.

$105,000 the first year and $105,000
the second year are for grants to
watershed districts and other local
units of government in the southern
Minnesota River basin study area 2 for
floodplain management.

$100,000 the first year and $100,000
the second year are for a grant to the
Red River Basin Commission to develop a
Red River basin plan and to coordinate
water management activities in the
states and provinces bordering the Red
River.

The appropriations for grants in this
section are available until expended.
If an appropriation for grants in
either year is insufficient, the
appropriation in the other year is
available for it.

Sec. 8.

SCIENCE MUSEUM
OF MINNESOTA 750,000 750,000

Sec. 9. METROPOLITAN COUNCIL 7,452,000 7,452,000

Summary by Fund

General 3,300,000 3,300,000

Natural Resources 4,152,000 4,152,000

$3,300,000 the first year and
$3,300,000 the second year are for
metropolitan area regional parks
maintenance and operations.

$4,152,000 the first year and
$4,152,000 the second year are from the
natural resources fund for metropolitan
area regional parks and trails
maintenance and operations. This
appropriation is from the revenue
deposited in the natural resources fund
under Minnesota Statutes, section
297A.94, paragraph (e), clause (3).

Sec. 10. AGRICULTURE

Subdivision 1.

Total
Appropriation 37,864,000 34,387,000

Summary by Fund

General 37,511,000 34,034,000

Remediation 353,000 353,000

The amounts that may be spent from this
appropriation for each program are
specified in the following subdivisions.

Subd. 2.

Protection Services

10,297,000 10,297,000

Summary by Fund

General 9,944,000 9,944,000

Remediation 353,000 353,000

$388,000 the first year and $388,000
the second year are from the
remediation fund for administrative
funding for the voluntary cleanup
program.

The balance in the waste pesticide
account in the agricultural fund is
canceled to the pesticide regulatory
account in the agricultural fund and
the waste pesticide account is
abolished.

Subd. 3.

Agricultural Marketing
and Development

4,097,000 4,097,000

$71,000 the first year and $71,000 the
second year are for transfer to the
Minnesota grown matching account and
may be used as grants for Minnesota
grown promotion under Minnesota
Statutes, section 17.109. Grants may
be made for one year. Notwithstanding
Minnesota Statutes, section 16A.28, the
appropriations encumbered under
contract on or before June 30, 2007,
for Minnesota grown grants in this
subdivision are available until June
30, 2009.

$80,000 the first year and $80,000 the
second year are for grants to farmers
for demonstration projects involving
sustainable agriculture as authorized
in Minnesota Statutes, section 17.116.
Of the amount for grants, up to $20,000
may be used for dissemination of
information about the demonstration
projects. Notwithstanding Minnesota
Statutes, section 16A.28, the
appropriations encumbered under
contract on or before June 30, 2007,
for sustainable agriculture grants in
this subdivision are available until
June 30, 2009.

The commissioner may reduce
appropriations for the administration
of activities in this subdivision by up
to $135,000 each year and transfer the
amounts reduced to activities under
subdivision 5.

Subd. 4.

Value-Added Agricultural Products

18,745,000 15,268,000

$18,745,000 the first year and
$15,268,000 the second year are for
ethanol producer payments under
Minnesota Statutes, section 41A.09.
Payments for eligible ethanol
production in fiscal years 2006 and
2007 shall be disbursed at the rate of
$0.13 per gallon. If the total amount
for which all producers are eligible in
a quarter exceeds the amount available
for payments, the commissioner shall
make payments on a pro rata basis. If
the appropriation exceeds the total
amount for which all producers are
eligible in a fiscal year for scheduled
payments and for deficiencies in
payments during previous fiscal years,
the balance in the appropriation is
available to the commissioner for
value-added agricultural programs
including the value-added agricultural
product processing and marketing grant
program under Minnesota Statutes,
section 17.101, subdivision 5. The
appropriation remains available until
spent.

Subd. 5.

Administration and
Financial Assistance

4,725,000 4,725,000

$1,005,000 the first year and
$1,005,000 the second year are for
continuation of the dairy development
and profitability enhancement and dairy
business planning grant programs
established under Laws 1997, chapter
216, section 7, subdivision 2, and Laws
2001, First Special Session chapter 2,
section 9, subdivision 2. The
commissioner may allocate the available
sums among permissible activities,
including efforts to improve the
quality of milk produced in the state,
in the proportions which the
commissioner deems most beneficial to
Minnesota's dairy farmers. The
commissioner must submit a work plan
detailing plans for expenditures under
this program to the chairs of the house
and senate committees dealing with
agricultural policy and budget on or
before the start of each fiscal year.
If significant changes are made to the
plans in the course of the year, the
commissioner must notify the chairs.

$50,000 the first year and $50,000 the
second year are for the Northern Crops
Institute. These appropriations may be
spent to purchase equipment.

$19,000 the first year and $19,000 the
second year are for a grant to the
Minnesota Livestock Breeders
Association.

$2,000 the first year and $2,000 the
second year are for family farm
security interest payment adjustments.
If the appropriation for either year is
insufficient, the appropriation for the
other year is available for it. No new
loans may be approved in fiscal year
2006 or 2007.

Aid payments to county and district
agricultural societies and associations
under Minnesota Statutes, section
38.02, subdivision 1, shall be
disbursed not later than July 15.
These payments are the amount of aid
owed by the state for an annual fair
held in the previous calendar year.

Sec. 11. BOARD OF ANIMAL
HEALTH 2,803,000 2,803,000

$200,000 the first year and $200,000
the second year are for a program to
control paratuberculosis ("Johne's
disease") in domestic bovine herds.

$80,000 the first year and $80,000 the
second year are for a program to
investigate the avian pneumovirus
disease and to identify the infected
flocks. This appropriation must be
matched on a dollar-for-dollar or
in-kind basis with nonstate sources and
is in addition to money currently
designated for turkey disease
research. Costs of blood sample
collection, handling, and
transportation, in addition to costs
associated with early diagnosis tests
and the expenses of vaccine research
trials, may be credited to the match.

$400,000 the first year and $400,000
the second year are for the purposes of
cervidae inspection as authorized in
Minnesota Statutes, section 17.452.

Sec. 12.

AGRICULTURAL UTILIZATION
RESEARCH INSTITUTE 1,600,000 1,600,000

Sec. 13. new text begin DISPOSITION OF MINERAL PAYMENTS; FISCAL YEARS
2006 AND 2007.
new text end

new text begin (a) Notwithstanding Minnesota Statutes, section 93.22,
subdivision 1, in fiscal years 2006 and 2007, all payments under
Minnesota Statutes, sections 93.14 to 93.285, shall be made to
the Department of Natural Resources and shall be credited
according to this section.
new text end

new text begin (b) Twenty percent of all payments under Minnesota
Statutes, sections 93.14 to 93.285, shall be credited to the
minerals management account in the natural resources fund as
costs for the administration and management of state mineral
resources by the commissioner of natural resources.
new text end

new text begin (c) The remainder of the payments shall be credited as
follows:
new text end

new text begin (1) if the lands or minerals and mineral rights covered by
a lease are held by the state by virtue of an act of Congress,
payments made under the lease shall be credited to the permanent
fund of the class of land to which the leased premises belong;
new text end

new text begin (2) if a lease covers the bed of navigable waters, payments
made under the lease shall be credited to the permanent school
fund of the state;
new text end

new text begin (3) if the lands or minerals and mineral rights covered by
a lease are held by the state in trust for the taxing districts,
payments made under the lease shall be distributed annually on
the first day of September to the respective counties in which
the lands lie, to be apportioned among the taxing districts
interested therein as follows: county, three-ninths; town or
city, two-ninths; and school district, four-ninths;
new text end

new text begin (4) if the lands or mineral rights covered by a lease
became the absolute property of the state under the provisions
of Minnesota Statutes, chapter 84A, payments made under the
lease shall be distributed as follows: county containing the
land from which the income was derived, five-eighths; and
general fund of the state, three-eighths; and
new text end

new text begin (5) except as provided under this section and except where
the disposition of payments may be otherwise directed by law,
payments made under a lease shall be paid into the general fund
of the state.
new text end

Sec. 14.

new text begin [93.2236] MINERALS MANAGEMENT ACCOUNT.
new text end

new text begin (a) The minerals management account is created as an
account in the natural resources fund. Interest earned on money
in the account accrues to the account. Money in the account may
be spent or distributed only as provided in paragraphs (b) and
(c).
new text end

new text begin (b) If the balance in the minerals management account
exceeds $3,000,000 on June 30, the amount exceeding $3,000,000
must be distributed to the permanent school fund and the
permanent university fund. The amount distributed to each fund
must be in the same proportion as the total mineral lease
revenue received in the previous biennium from school trust
lands and university lands.
new text end

new text begin (c) Subject to appropriation by the legislature, money in
the minerals management account may be spent by the commissioner
of natural resources for mineral resource management and
projects to enhance future mineral income and promote new
mineral resource opportunities.
new text end

ARTICLE 2

ECONOMIC DEVELOPMENT

Section 1. new text begin ECONOMIC DEVELOPMENT; APPROPRIATIONS.
new text end

The sums shown in the columns marked "APPROPRIATIONS" are
appropriated from the general fund, or another named fund, to
the agencies and for the purposes specified in this article, to
be available for the fiscal years indicated for each purpose.
The figures "2006" and "2007," where used in this article, mean
that the appropriation or appropriations listed under them are
available for the year ending June 30, 2006, or June 30, 2007,
respectively. The term "first year" means the fiscal year
ending June 30, 2006, and the term "second year" means the
fiscal year ending June 30, 2007.
SUMMARY BY FUND

2006 2007 TOTAL

General $ 152,263,000 $ 152,136,000 $ 304,399,000

Petroleum Tank
Cleanup 1,084,000 1,084,000 2,168,000

Environmental 700,000 700,000 1,400,000

Workers'
Compensation 21,725,000 21,725,000 43,450,000

Workforce
Development 9,020,000 9,020,000 18,040,000

Special Revenue 200,000 200,000 400,000

TOTAL $ 184,992,000 $ 184,865,000 $ 369,857,000

APPROPRIATIONS
Available for the Year
Ending June 30
2006 2007

Sec. 2. EMPLOYMENT AND
ECONOMIC DEVELOPMENT

Subdivision 1.

Total
Appropriation $ 52,781,000 $ 52,781,000

Summary by Fund

General 43,511,000 43,511,000

Remediation 700,000 700,000

Workforce
Development 8,570,000 8,570,000

The amounts that may be spent from this
appropriation for each program are
specified in the following subdivisions.

Subd. 2.

Business and Community
Development

8,604,000 8,604,000

Summary by Fund

General 7,904,000 7,904,000

Remediation 700,000 700,000

$1,203,000 the first year and
$1,203,000 the second year are for
Minnesota investment fund grants.

$150,000 the first year and $150,000
the second year are for grants to the
Rural Policy and Development Center at
Minnesota State University, Mankato.
The grant shall be used for research
and policy analysis on emerging
economic and social issues in rural
Minnesota, to serve as a policy
resource center for rural Minnesota
communities, to encourage collaboration
across higher education institutions to
provide interdisciplinary team
approaches to research and problem
solving in rural communities, and to
administer overall operations of the
center.

The grant shall be provided upon the
condition that each state-appropriated
dollar be matched with a nonstate
dollar. Acceptable matching funds are
nonstate contributions that the center
has received and have not been used to
match previous state grants. The funds
not spent the first year are available
the second year.

$100,000 the first year and $100,000
the second year are from the general
fund for a grant to the Metropolitan
Economic Development Association for
continuing minority business
development programs in the
metropolitan area.

$150,000 the first year and $150,000
the second year are from the general
fund for a grant to WomenVenture for
women's business development programs.

Subd. 3.

Workforce Partnerships

13,990,000 13,990,000

Summary by Fund

General 12,165,000 12,165,000

Workforce
Development 1,625,000 1,625,000

Special Revenue 200,000 200,000

(a) $6,785,000 the first year and
$6,785,000 the second year are from the
general fund for the Minnesota job
skills partnership programs. If the
appropriation for either year is
insufficient, the appropriation for the
other year is available. This
appropriation does not cancel.

(b) $250,000 the first year and
$250,000 the second year are from the
general fund for a grant under
Minnesota Statutes, section 116J.8747,
to Twin Cities RISE! to provide
training to hard-to-train individuals.

(c) $875,000 the first year and
$875,000 the second year are from the
workforce development fund for
Opportunities Industrialization Center
programs.

(d) $950,000 the first year and
$950,000 the second year are for
displaced homemaker programs under
Minnesota Statutes, section 116L.96.
Of this amount, $750,000 each year is
from the workforce development fund and
$200,000 each year is from the special
revenue fund. The commissioner of
economic security shall report to the
legislature by February 15, 2007, on
the outcome of grants under this
paragraph.

(e) $4,190,000 the first year and
$4,190,000 the second year are for the
Minnesota youth program. If the
appropriation in either year is
insufficient, the appropriation for the
other year is available. Of the money
appropriated for the summer youth
program for the first year, $400,000 is
immediately available. Any remaining
balance of the immediately available
money is available in the first year.

(f) $183,000 the first year and
$183,000 the second year are for the
learn-to-earn summer youth employment
program. This appropriation is
available until spent.

(g) $757,000 the first year and
$757,000 the second year are for the
youthbuild program under Minnesota
Statutes, sections 268.361 to
268.3661. A Minnesota Youthbuild
program funded under this section as
authorized in Minnesota Statutes,
sections 116L.361 to 116L.366,
qualifies as an approved training
program under Minnesota Rules, part
5200.0930, subpart 1.

(h) Pursuant to Laws 2001, First
Special Session chapter 4, article 1,
section 4, subdivision 6, as amended by
Laws 2002, chapter 220, article 12,
section 12, the first $2,000,000
deposited in each year of the biennium
into the contingent account created
under Minnesota Statutes, section
268.196, subdivision 3, shall be
transferred upon deposit to the
workforce development fund created
under Minnesota Statutes, section
116L.20. Deposits in excess of the
$2,000,000 shall be transferred upon
deposit to the general fund.

Subd. 4.

Workforce Services

27,110,000 27,110,000

Summary by Fund

General 20,165,000 20,165,000

Workforce
Development 6,945,000 6,945,000

(a) $7,521,000 the first year and
$7,521,000 the second year are from the
general fund for the state's vocational
rehabilitation program for people with
significant disabilities to assist with
employment, under Minnesota Statutes,
chapter 268A.

(b) $4,864,000 the first year and
$4,864,000 the second year are from the
general fund and $6,920,000 the first
year and $6,920,000 the second year are
from the workforce development fund for
extended employment services for
persons with severe disabilities or
related conditions under Minnesota
Statutes, section 268A.15.

(c) $1,690,000 the first year and
$1,690,000 the second year are from the
general fund for grants under Minnesota
Statutes, section 268A.11, for the
eight centers for independent living.
Money not expended the first year is
available the second year.

(d) $150,000 the first year and
$150,000 the second year are from the
general fund and $25,000 the first year
and $25,000 the second year are from
the workforce development fund for
grants to the Minnesota Employment
Center for people who are deaf or
hard-of-hearing. Money not expended
the first year is available the second
year.

(e) $1,000,000 the first year and
$1,000,000 the second year are from the
general fund for grants for programs
that provide employment support
services to persons with mental illness
under Minnesota Statutes, sections
268A.13 and 268A.14. Up to $70,000
each year may be used for
administrative and salary expenses.

(f) $4,940,000 the first year and
$4,940,000 the second year are from the
general fund for State Services for the
Blind activities.

Subd. 5.

State-Funded Administration

3,277,000 3,277,000

Sec. 3. EXPLORE MINNESOTA TOURISM 8,626,000 8,626,000

To develop maximum private sector
involvement in tourism, $3,500,000 the
first year and $3,500,000 the second
year of the amounts appropriated for
marketing activities are contingent
upon receipt of an equal contribution
from nonstate sources that have been
certified by the commissioner. Up to
one-half of the match may be given in
in-kind contributions.

In order to maximize marketing grant
benefits, the commissioner must give
priority for joint venture marketing
grants to organizations with year-round
sustained tourism activities. For
programs and projects submitted, the
commissioner must give priority to
those that encompass two or more areas
or that attract nonresident travelers
to the state.

If an appropriation for either year for
grants is not sufficient, the
appropriation for the other year is
available for it.

The commissioner may use grant dollars
or the value of in-kind services to
provide the state contribution for the
partnership program.

Any unexpended money from general fund
appropriations made under this
subdivision does not cancel but must be
placed in a special advertising account
for use by Explore Minnesota Tourism to
purchase additional media.

$175,000 the first year and $175,000
the second year are for the Minnesota
Film Board. The appropriation in each
year is available only upon receipt by
the board of $1 in matching
contributions of money or in-kind from
nonstate sources for every $3 provided
by this appropriation.

Sec. 4. HOUSING FINANCE AGENCY

Subdivision 1.

Total
Appropriation 35,770,000 35,770,000

The amounts that may be spent from this
appropriation for certain programs are
specified in the following subdivisions.

This appropriation is for transfer to
the housing development fund for the
programs specified. Except as
otherwise indicated, this transfer is
part of the agency's permanent budget
base.

Subd. 2.

Affordable Rental Investment Fund

9,273,000 9,273,000

For the affordable rental investment
fund program under Minnesota Statutes,
section 462A.21, subdivision 8b.

This appropriation is to finance the
acquisition, rehabilitation, and debt
restructuring of federally assisted
rental property and for making equity
take-out loans under Minnesota
Statutes, section 462A.05, subdivision
39. The owner of the federally
assisted rental property must agree to
participate in the applicable federally
assisted housing program and to extend
any existing low-income affordability
restrictions on the housing for the
maximum term permitted. The owner must
also enter into an agreement that gives
local units of government, housing and
redevelopment authorities, and
nonprofit housing organizations the
right of first refusal if the rental
property is offered for sale. Priority
must be given among comparable
properties to properties with the
longest remaining term under an
agreement for federal rental
assistance. Priority must also be
given among comparable rental housing
developments to developments that are
or will be owned by local government
units, a housing and redevelopment
authority, or a nonprofit housing
organization.

Subd. 3.

Family Homeless Prevention

3,715,000 3,715,000

For family homeless prevention and
assistance programs under Minnesota
Statutes, section 462A.204. Any
balance in the first year does not
cancel but is available in the second
year.

Subd. 4.

Challenge Program

9,622,000 9,622,000

For the economic development and
housing challenge program under
Minnesota Statutes, section 462A.33.

Subd. 5.

Rental Assistance for Mentally Ill

1,638,000 1,638,000

For a rental housing assistance program
for persons with a mental illness or
families with an adult member with a
mental illness under Minnesota
Statutes, section 462A.2097. The
agency must not reduce the funding
under this subdivision.

Subd. 6.

Home Ownership Education,
Counseling, and Training

770,000 770,000

For the home ownership education,
counseling, and training program under
Minnesota Statutes, section 462A.209.

Subd. 7.

Housing Trust Fund

4,305,000 4,305,000

For the housing trust fund to be
deposited in the housing trust fund
account created under Minnesota
Statutes, section 462A.201, and used
for the purposes provided in that
section.

Subd. 8.

Urban Indian Housing Program

180,000 180,000

For the urban Indian housing program
under Minnesota Statutes, section
462A.07, subdivision 15.

Subd. 9.

Tribal Indian Housing Program

1,105,000 1,105,000

For the tribal Indian housing program
under Minnesota Statutes, section
462A.07, subdivision 14.

Subd. 10.

Capacity Building Grants

305,000 305,000

For nonprofit capacity building grants
under Minnesota Statutes, section
462A.21, subdivision 3b.

Subd. 11.

Housing Rehabilitation
and Accessibility

3,972,000 3,972,000

For the housing rehabilitation and
accessibility program under Minnesota
Statutes, section 462A.05, subdivisions
14a and 15a.

Subd. 12.

Home Ownership
Assistance Fund

885,000 885,000

For the home ownership assistance fund
under Minnesota Statutes, section
462A.21, subdivision 8.

Sec. 5. COMMERCE

Subdivision 1.

Total
Appropriation 24,874,000 24,874,000

Summary by Fund

General 22,955,000 22,955,000

Petroleum
Cleanup 1,084,000 1,084,000

Workers'
Compensation 835,000 835,000

The amounts that may be spent from this
appropriation for each program are
specified in the following subdivisions.

Subd. 2.

Financial Examinations

5,994,000 5,994,000

Subd. 3.

Petroleum Tank Release
Cleanup Board

1,084,000 1,084,000

This appropriation is from the
petroleum tank release cleanup fund.

Subd. 4.

Administrative Services

5,418,000 5,418,000

Subd. 5.

Market Assurance

5,647,000 5,647,000

Summary by Fund

General 4,812,000 4,812,000

Workers' Compensation 835,000 835,000

Subd. 6.

Energy and
Telecommunications

4,224,000 4,224,000

Subd. 7.

Weights and
Measurements

2,507,000 2,507,000

Sec. 6. BOARD OF ACCOUNTANCY 487,000 487,000

Effective the day following final
enactment of this act and no later than
June 30, 2006, the Board of Accountancy
shall combine its administrative
functions with those of the Board of
Architecture, Engineering, Land
Surveying, Landscape Architecture,
Geoscience, and Interior Design.

Sec. 7.

BOARD OF ARCHITECTURE,
ENGINEERING, LAND SURVEYING,
LANDSCAPE ARCHITECTURE,
GEOSCIENCE, AND INTERIOR
DESIGN 785,000 785,000

Sec. 8.

BOARD OF BARBER
AND COSMETOLOGISTS EXAMINERS 699,000 699,000

Sec. 9.

PUBLIC UTILITIES
COMMISSION 4,163,000 4,163,000

Sec. 10. LABOR AND INDUSTRY

Subdivision 1.

Total
Appropriation 22,216,000 22,216,000

Summary by Fund

General 2,494,000 2,494,000

Workers'
Compensation 19,272,000 19,272,000

Workforce
Development 450,000 450,000

The amounts that may be spent from this
appropriation for each program are
specified in the following subdivisions.

Subd. 2.

Workers' Compensation

10,346,000 10,346,000

This appropriation is from the workers'
compensation fund.

$125,000 the first year and $125,000
the second year are for grants to the
Vinland Center for rehabilitation
service.

Subd. 3.

Workplace Services

6,583,000 6,583,000

Summary by Fund

General 2,494,000 2,494,000

Workers'
Compensation 3,639,000 3,639,000

Workforce
Development 450,000 450,000

$350,000 each year is from the
workforce development fund for the
apprenticeship program under Minnesota
Statutes, chapter 178.

$100,000 the first year and $100,000
the second year are for labor education
and advancement program grants. This
appropriation is from the workforce
development fund.

Subd. 4.

General Support

5,287,000 5,287,000

This appropriation is from the workers'
compensation fund.

Sec. 11. BUREAU OF MEDIATION SERVICES

Subdivision 1.

Total
Appropriation 1,773,000 1,773,000

The amounts that may be spent from this
appropriation for each program are
specified in the following subdivisions.

Subd. 2.

Mediation Services

1,673,000 1,673,000

Subd. 3.

Labor Management
Cooperation Grants

100,000 100,000

$100,000 each year is for grants to
area labor-management committees.
Grants may be awarded for a 12-month
period beginning July 1 of each year.
Any unencumbered balance remaining at
the end of the first year does not
cancel but is available for the second
year.

Sec. 12. WORKERS' COMPENSATION
COURT OF APPEALS 1,618,000 1,618,000

This appropriation is from the workers'
compensation fund.

Sec. 13. MINNESOTA HISTORICAL
SOCIETY

Subdivision 1.

Total
Appropriation 22,407,000 22,280,000

The amounts that may be spent from this
appropriation for each program are
specified in the following subdivisions.

Subd. 2.

Education and Outreach

12,381,000 12,381,000

Subd. 3.

Preservation and Access

9,772,000 9,772,000

Subd. 4.

Fiscal Agent

254,000 127,000

(a) Minnesota International Center

43,000 42,000

(b) Minnesota Air National
Guard Museum

16,000 -0-

(c) Minnesota Military Museum

67,000 -0-

(d) Farmamerica

128,000 85,000

Notwithstanding any other law, this
appropriation may be used for
operations.

(e) Balances Forward

Any unencumbered balance remaining in
this subdivision the first year does
not cancel but is available for the
second year of the biennium.

Subd. 5.

Fund Transfer

The society may reallocate funds
appropriated in and between
subdivisions 2 and 3 for any program
purposes.

Sec. 14. BOARD OF THE ARTS

Subdivision 1.

Total
Appropriation 8,593,000 8,593,000

If the appropriation for either year is
insufficient, the appropriation for the
other year is available.

Subd. 2.

Operations and Services

404,000 404,000

Subd. 3.

Grants Programs

5,767,000 5,767,000

Subd. 4.

Regional Arts Councils

2,422,000 2,422,000

Sec. 15.

Minnesota Statutes 2004, section 345.47,
subdivision 3, is amended to read:


Subd. 3.

Securities.

Securities listed on an established
stock exchange shall be sold at the prevailing prices on the
exchange. Other securities may be sold over the counter at
prevailing prices ordeleted text begin , with prior approval of the State Board of
Investment,
deleted text end by another method the commissioner determines
advisable. United States government savings bonds and United
States war bonds shall be presented to the United States for
payment.

Sec. 16.

Minnesota Statutes 2004, section 345.47,
subdivision 3a, is amended to read:


Subd. 3a.

Holding period.

deleted text begin All securities presumed
abandoned under section 345.35 and delivered to the commissioner
must be held for at least three years before they are sold. A
person making a claim under this section is entitled to receive
either the securities delivered to the commissioner by the
holder, if they still remain in the hands of the commissioner,
or the proceeds received from the sale, but no person has any
claim under this section against the state, the holder, any
transfer agent, registrar, or other person acting for or on
behalf of a holder for any appreciation in the value of the
property occurring after delivery by the holder to the
commissioner.
deleted text end new text begin If the property is of a type customarily sold on
a recognized market or of a type that may be sold over the
counter at prevailing prices, the commissioner may sell the
property without notice by publication or otherwise. The
commissioner may proceed with the liquidation after holding for
one year, with the exception of securities being held as the
result of an insurance company demutualization, these types of
securities may be sold upon receipt. This section grants to the
commissioner express authority to sell any property, including,
but not limited to, stocks, bonds, notes, bills, and all other
public or private securities. A person making a claim under
section 345.35 is entitled to receive the securities delivered
to the administrator by the holder, if they remain in the
custody of the administrator, or the net proceeds received from
sale, and is not entitled to receive any appreciation in the
value of the property occurring after sale by the commissioner.
The commissioner may liquidate all unclaimed securities
currently held in custody in accordance with this section.
new text end