reglab/statecodes huggingface dataset:
2023 Minnesota Statutes › Chapters 116J - 116O — Economic Development And Planning › Chapter 116M — Minnesota Emerging Entrepreneur Program › Section 116M.14 — Definitions.

116M.14 DEFINITIONS.
Subdivision 1.
Terms.
For the purposes of this chapter, the following terms have the meaning given them.
Subd. 2.
Board.
"Board" means the Minnesota emerging entrepreneur program.
Subd. 3.
Commissioner.
"Commissioner" means the commissioner of employment and economic development.
Subd. 3a.
Department.
"Department" means the Department of Employment and Economic Development.
Subd. 4.
Low-income area.
"Low-income area" means:
(1) Minneapolis, St. Paul;
(2) those cities in the metropolitan area as defined in section 473.121, subdivision 2, that have a median income for a family of four that is below 80 percent of the median income for a four-person family as of the latest report by the United States Census Bureau; and
(3) the area outside the metropolitan area.
Subd. 4a.
Low-income person.
"Low-income person" means a person who has an annual income, adjusted for family size, of not more than 80 percent of the area median family income for the county of residence as of the latest report by the United States Census Bureau.
Subd. 4b.
Metropolitan area.
"Metropolitan area" has the meaning given in section 473.121, subdivision 2.
Subd. 5.
Minority business enterprise.
"Minority business enterprise" means a business that is majority owned and operated by persons belonging to a racial or ethnic minority as defined in Code of Federal Regulations, title 49, section 23.5.
Subd. 6.
Minority person.
"Minority person" means a person belonging to a racial or ethnic minority as defined in Code of Federal Regulations, title 49, section 23.5.
Subd. 7.
Program.
"Program" means the Minnesota emerging entrepreneur program created by this chapter.
Subd. 8.
Veteran.
"Veteran" means a veteran as defined in section 197.447.
Subd. 9.
Persons with disabilities.
"Persons with disabilities" means an individual with a disability, as defined under the Americans with Disabilities Act, United States Code, title 42, section 12102.
History:
1993 c 369 s 54; 2002 c 380 art 2 s 7; 2003 c 128 art 13 s 36; 1Sp2003 c 4 s 1; 2005 c 142 s 1; 2016 c 189 art 7 s 24-32; 2017 c 94 art 6 s 11
2023 Minnesota Statutes › Chapters 116J - 116O — Economic Development And Planning › Chapter 116M — Minnesota Emerging Entrepreneur Program › Section 116M.16 — Powers.

116M.16 POWERS.
Subdivision 1.
Contracts.
The board may enter into contracts and grant agreements necessary to carry out its responsibilities.
Subd. 2.
Gifts; grants; appropriation.
The board may apply for, accept, and disburse gifts, grants, loans, or other property from the United States, the state, private foundations, or any other source. It may enter into an agreement required for the gifts, grants, or loans and may hold, use, and dispose of its assets in accordance with the terms of the gift, grant, loan, or agreement. Money received by the board under this subdivision must be deposited in a separate account in the state treasury and invested by the state Board of Investment. The amount deposited, including investment earnings, is appropriated to the board to carry out its duties.
History:
1993 c 369 s 56; 1995 c 224 s 59
2023 Minnesota Statutes › Chapters 116J - 116O — Economic Development And Planning › Chapter 116M — Minnesota Emerging Entrepreneur Program › Section 116M.17 — Duties.

116M.17 DUTIES.
Subdivision 1.
General duties.
The board shall investigate and evaluate methods to enhance urban development, particularly methods relating to economic diversification through minority business enterprises and job creation for minority and other persons in low-income areas. The enterprises shall include, but are not limited to, technologically innovative industries, value-added manufacturing, and information industries.
Subd. 2.
Technical assistance.
The department shall provide technical assistance and informational outreach about the program to lenders, nonprofit corporations, and low-income and minority communities throughout the state that support the development of business enterprises and entrepreneurs.
Subd. 3.
Budget.
The board shall adopt an annual budget and work program and a biennial budget.
Subd. 4.
Reports.
The department shall submit an annual report to the legislature of an accounting of loans made under section 116M.18, including information on loans made, the number of jobs created by the program, the impact on low-income areas, and recommendations concerning minority business development and jobs for persons in low-income areas.
History:
1993 c 369 s 57; 2016 c 189 art 7 s 35,36; 2017 c 94 art 6 s 12
2023 Minnesota Statutes › Chapters 116J - 116O — Economic Development And Planning › Chapter 116O — Enterprise Minnesota, Inc. › Section 116O.01 — Citation.

116O.01 CITATION.
Sections 116O.01 to 116O.061 may be cited as the "Enterprise Minnesota, Inc. Act."
History:
1987 c 386 art 2 s 1; 1991 c 322 s 19; 2008 c 290 s 1
2023 Minnesota Statutes › Chapters 116J - 116O — Economic Development And Planning › Chapter 116O — Enterprise Minnesota, Inc. › Section 116O.011 — Name Change.

116O.011 NAME CHANGE.
Minnesota Technology, Inc., formerly known as the Greater Minnesota Corporation, is renamed Enterprise Minnesota, Inc.
History:
1991 c 322 s 1; 2008 c 290 s 2
2023 Minnesota Statutes › Chapters 116J - 116O — Economic Development And Planning › Chapter 116O — Enterprise Minnesota, Inc. › Section 116O.02 — Definitions.

116O.02 DEFINITIONS.
Subdivision 1.
Applicability.
The definitions in this section apply to sections 116O.01 to 116O.15.
Subd. 1a.
Account.
"Account" means the Minnesota technology account.
Subd. 2.
Board.
"Board" means the board of directors of Enterprise Minnesota, Inc.
Subd. 3.
Corporation.
"Corporation" means Enterprise Minnesota, Inc.
Subd. 4.
[Renumbered subd 1a]
Subd. 5.
Greater Minnesota.
"Greater Minnesota" means the area of Minnesota located outside of the metropolitan area as defined in section 473.121, subdivision 2.
Subd. 6.
Technology-related assistance.
"Technology-related assistance" means the application and utilization of technological information and technologies to assist in the development and production of new technology-related products or services or to increase the productivity or otherwise enhance the production or delivery of existing products or services. "Technology-related assistance" includes assistance in utilizing and developing processes and products that conserve energy.
History:
1987 c 386 art 2 s 2; 1989 c 335 art 1 s 168; art 4 s 106; 1991 c 322 s 19; 1993 c 163 art 2 s 2; 2008 c 290 s 2,3
2023 Minnesota Statutes › Chapters 116J - 116O — Economic Development And Planning › Chapter 116O — Enterprise Minnesota, Inc. › Section 116O.04 — Corporate Personnel.

116O.04 CORPORATE PERSONNEL.
Subdivision 1.
Generally.
The board shall appoint and set the compensation for a president, who serves as chief executive officer of the corporation, and who may appoint subordinate officers. The board may designate the president as its general agent. Subject to the control of the board, the president shall employ employees, consultants, and agents the president considers necessary. The staff of the corporation must include individuals with operational experience and knowledgeable in commercial and industrial financing, energy conservation, research and development, economic development, and general fiscal affairs. The board shall define the duties and designate the titles of the employees and agents.
Subd. 2.
Status of employees.
Employees, officers, and directors of the corporation and programs governed by this chapter are not state employees, but are covered by section 3.736 and, at the option of the board, may participate in the state retirement plan and the state deferred compensation plan for employees in the unclassified service and an insurance plan administered by the commissioner of management and budget.
Subd. 3.
MS 2020 [Repealed, 2021 c 31 art 4 s 33]
Subd. 4.
Personnel policies.
(a) The corporation must adopt and periodically revise, if necessary, an affirmative action plan similar to the affirmative action plan under section 43A.19, subdivision 1. The corporation is subject to the audit and reporting requirements under section 43A.191, subdivision 3.
(b) Employees of the corporation are subject to the prohibition of political activities and required leave of absences under section 43A.32.
(c) Employees of the corporation are subject to the code of ethics requirements under section 43A.38.
History:
1987 c 386 art 2 s 4; 1988 c 686 art 1 s 67; 1988 c 708 s 3; 1989 c 335 art 4 s 57; 1991 c 322 s 3,19; 1993 c 163 art 2 s 4; 1994 c 554 s 1; 1997 c 202 art 2 s 63; 2008 c 204 s 42; 2008 c 290 s 2,6,7; 2009 c 101 art 2 s 109
2023 Minnesota Statutes › Chapters 116J - 116O — Economic Development And Planning › Chapter 116O — Enterprise Minnesota, Inc. › Section 116O.05 — Powers Of Corporation.

116O.05 POWERS OF CORPORATION.
Subdivision 1.
General corporate powers.
(a) The corporation has the powers granted to a business corporation by section 302A.161, subdivisions 3; 4; 5; 7; 8; 9; 11; 12; 13, except that the corporation may not act as a general partner in any partnership; 14; 15; 16; 17; 18; and 22.
(b) The state is not liable for the obligations of the corporation.
(c) Section 302A.041 applies to this chapter and the corporation in the same manner that it applies to business corporations established under chapter 302A.
Subd. 2.
Duties.
(a) The primary duties of the corporation shall include:
(1) development of new products and processes for operational efficiency and excellence, enabling company growth; and
(2) business development services with technology utilization and application, primarily for small and medium-sized manufacturers.
(b) The corporation shall also:
(1) provide or provide for technology-related assistance to individuals, sole proprietorships, partnerships, corporations, other business entities, and nonprofit organizations; and
(2) not duplicate existing services or activities provided by other public and private organizations but shall build on the existing educational, business, and economic development infrastructure.
Subd. 3.
Rules.
The corporation must publish in the State Register any guidelines, policies, or eligibility criteria prepared or adopted by the corporation for any of its financial or technology transfer programs.
Subd. 4.
Supporting organizations.
On making a determination that the public policies and purposes of this chapter will be carried out to a greater extent than what might otherwise occur, the board may cause to be created and may delegate, assign, or transfer to one or more entities, including without limitation a corporation, nonprofit corporation, limited liability company, partnership, or limited partnership, any or all rights and duties, assets and liabilities, powers or authority created, authorized, or allowed under this chapter, except to the extent specifically limited by the constitution or by law.
History:
1987 c 386 art 2 s 5; 1989 c 335 art 1 s 171; art 4 s 58; 1991 c 322 s 4; 1993 c 163 art 2 s 5; 1997 c 187 art 3 s 24; 1997 c 200 art 1 s 61; 2008 c 290 s 8-10
2023 Minnesota Statutes › Chapters 116J - 116O — Economic Development And Planning › Chapter 116O — Enterprise Minnesota, Inc. › Section 116O.061 — Financial Assistance.

116O.061 FINANCIAL ASSISTANCE.
(a) Financial assistance may be provided to sole proprietorships, corporations, other entities, or nonprofit organizations. Financial assistance includes, but is not limited to, assisting a qualified company or organization with business services and products that will enhance the operations of the entity.
(b) Preference and priority will be given to business entities that are expanding their operations in Minnesota. Priority will be assigned to:
(1) projects whose return, in economic benefits, are most substantial and clear;
(2) projects whose outcomes are best accelerated through internal resources of the corporation; and
(3) companies and organizations not typically able to leverage external assistance.
(c) The corporation may enter into agreements with, or solicit grants from, other organizations to jointly promote:
(1) business improvements;
(2) the application of technology, energy conservation, new product development, and other initiatives leading to economic development; and
(3) job creation.
History:
2008 c 290 s 11
2023 Minnesota Statutes › Chapters 116J - 116O — Economic Development And Planning › Chapter 116O — Enterprise Minnesota, Inc. › Section 116O.14 — Audits.

116O.14 AUDITS.
The corporation board shall contract with a certified public accounting firm to do a financial and compliance audit of the corporation and any subsidiary annually in accordance with generally accepted accounting standards. A copy of this audit must be submitted to the chairs of the senate Finance and Economic Development and Housing Committees, and the house of representatives Appropriations and Economic Development Committees.
The corporation is subject to the auditing requirements under sections 3.971 and 3.972.
History:
1987 c 386 art 2 s 14; 1989 c 335 art 1 s 175
2023 Minnesota Statutes › Chapters 116J - 116O — Economic Development And Planning › Chapter 116O — Enterprise Minnesota, Inc. › Section 116O.15 — Annual Report.

116O.15 ANNUAL REPORT.
The board shall submit a report to the chairs of the senate Economic Development and Housing and the house of representatives Economic Development Committees of the legislature and the governor on the activities of the corporation by February 1 of each year. A copy of the report shall also be provided to the president of the University of Minnesota. The report must include at least the following:
(1) a description of each of the programs that the corporation has provided or undertaken at some time during the previous year. The description of each program must describe (i) the statement of purpose for the program, (ii) the administration of the program including the activities the corporation was responsible for and the responsibilities that other organizations had in administering the program, (iii) the results of the program including how the results were measured, (iv) the expenses of the program paid by the corporation, and (v) the source of corporate and noncorporate funding for the program;
(2) an identification of the sources of funding in the previous year for the corporation and its programs including federal, state and local government, foundations, gifts, donations, fees, and all other sources;
(3) a description of the distribution of all money spent by the corporation in the previous year including an identification of the total expenditures, other than corporate administrative expenditures, by sector of the economy;
(4) a description of the administrative expenses of the corporation during the previous year;
(5) a listing of the assets and liabilities of the corporation at the end of the previous fiscal year;
(6) a list and description of each grant awarded by the corporation during the previous year;
(7) a description of any changes made to the operational plan during the previous year; and
(8) a description of any newly adopted or significant changes to bylaws, programmatic or administrative guidelines, policies, rules, or eligibility criteria for programs created or administered by the corporation during the previous year.
Reports must be made to the legislature as required by section 3.195.
History:
1987 c 386 art 2 s 15; 1989 c 335 art 1 s 176; 1993 c 363 s 5
2023 Minnesota Statutes › Chapters 116J - 116O — Economic Development And Planning › Chapter 116O — Enterprise Minnesota, Inc. › Section 116O.20 — Dissolution.

116O.20 DISSOLUTION.
In the event of dissolution of Enterprise Minnesota, Inc. for any reason, the state of Minnesota, upon action by the governor, and after consultation with the Legislative Advisory Commission, may require the liquidation of all holdings and investments and the return of the proceeds of that liquidation and any wholly owned assets of the corporation to the state, in exchange for the assumption of all outstanding obligations of the corporation.
If the corporation is dissolved, or certain of its functions transferred to another entity, the assets and liabilities and property associated with the dissolved or transferred functions must return to the state or to the entity designated by laws.
History:
1987 c 386 art 2 s 20; 1991 c 322 s 19; 2008 c 290 s 2
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.01 — Findings.

116P.01 FINDINGS.
The legislature finds that all Minnesotans share the responsibility to ensure wise stewardship of the state's environment and natural resources for the benefit of current citizens and future generations. Proper management of the state's environment and natural resources includes and requires foresight, planning, and long-term activities that allow the state to preserve its high quality environment and provides for wise use of its natural resources. The legislature also finds that to undertake such activities properly, a long-term, consistent, and stable source of funding must be provided.
History:
1988 c 690 art 1 s 5
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.011 — Chapter Does Not Apply To Certain Appropriations.

116P.011 CHAPTER DOES NOT APPLY TO CERTAIN APPROPRIATIONS.
This chapter does not apply to appropriations from the environment and natural resources trust fund under section 116X.03 or to projects funded with those appropriations.
History:
2023 c 67 art 2 s 1
NOTE:
This section, as added by Laws 2023, chapter 67, article 2, section 1, is effective January 1, 2025, if the constitutional amendment in Laws 2023, chapter 67, article 1, section 1, is approved by the voters at the 2024 general election. Laws 2023, chapter 67, article 2, section 1, the effective date.
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.02 — Definitions.

116P.02 DEFINITIONS.
Subdivision 1.
Applicability.
The definitions in this section apply to this chapter.
Subd. 2.
[Repealed, 2006 c 243 s 22]
Subd. 3.
Board.
"Board" means the State Board of Investment.
Subd. 4.
Commission.
"Commission" means the Legislative-Citizen Commission on Minnesota Resources.
Subd. 5.
Natural resources.
"Natural resources" includes the outdoor recreation system under section 86A.04 and regional recreation open space systems as defined under section 473.351, subdivision 1.
Subd. 6.
Trust fund.
"Trust fund" means the Minnesota environment and natural resources trust fund established under Minnesota Constitution, article XI, section 14.
History:
1988 c 690 art 1 s 6; 1989 c 335 art 1 s 269; 2003 c 128 art 1 s 146; 2006 c 243 s 2
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.04 — Trust Fund Account.

116P.04 TRUST FUND ACCOUNT.
Subdivision 1.
Establishment; investment.
A Minnesota environment and natural resources trust fund, under article XI, section 14, of the Minnesota Constitution, is established as an account in the state treasury. The commissioner of management and budget shall credit to the trust fund the amounts authorized under this section and section 116P.10. The State Board of Investment shall ensure that trust fund money is invested under section 11A.24. All money earned by the trust fund must be credited to the trust fund. The principal of the trust fund and any unexpended earnings must be invested and reinvested by the State Board of Investment.
Subd. 2.
[Repealed, 1990 c 610 art 1 s 59]
Subd. 3.
Revenue.
Nothing in sections 116P.01 to 116P.12 limits the source of contributions to the trust fund.
Subd. 4.
Gifts and donations.
Gifts and donations, including land or interests in land, may be made to the trust fund. Noncash gifts and donations must be disposed of for cash as soon as the board prudently can maximize the value of the gift or donation. Gifts and donations of marketable securities may be held or be disposed of for cash at the option of the board. The cash receipts of gifts and donations of cash or capital assets and marketable securities disposed of for cash must be credited immediately to the principal of the trust fund. The value of marketable securities at the time the gift or donation is made must be credited to the principal of the trust fund and any earnings from the marketable securities are earnings of the trust fund.
Subd. 5.
Audits required.
The legislative auditor shall audit trust fund expenditures to ensure that the money is spent for the purposes for which the money was appropriated.
History:
1988 c 690 art 1 s 8; 1990 c 610 art 1 s 44; 1991 c 343 s 1; 2006 c 243 s 4; 2009 c 101 art 2 s 109
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.07 — Information Gathering.

116P.07 INFORMATION GATHERING.
The commission may convene public forums or employ other methods to gather information for establishing priorities for funding.
History:
1988 c 690 art 1 s 11; 1991 c 254 art 2 s 41; 1991 c 343 s 4; 2002 c 225 s 2; 2006 c 243 s 6
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.10 — Royalties, Copyrights, Patents, And Sale Of Products And Assets.

116P.10 ROYALTIES, COPYRIGHTS, PATENTS, AND SALE OF PRODUCTS AND ASSETS.
(a) This section applies to projects supported by the trust fund and the oil overcharge money referred to in section 4.071, subdivision 2, each of which is referred to in this section as a "fund."
(b) The fund owns and shall take title to the percentage of a royalty, copyright, or patent resulting from a project supported by the fund equal to the percentage of the project's total funding provided by the fund. Cash receipts resulting from a royalty, copyright, or patent, or the sale of the fund's rights to a royalty, copyright, or patent, must be credited immediately to the principal of the fund. Receipts from Minnesota future resources fund projects must be credited to the trust fund. The commission may include in its legislative bill a recommendation to relinquish the ownership or rights to a royalty, copyright, or patent resulting from a project supported by the fund to the project's proposer when the amount of the original grant or loan, plus interest, has been repaid to the fund.
(c) If a project supported by the fund results in net income from the sale of products or assets developed or acquired by an appropriation from the fund, the appropriation must be repaid to the fund in an amount equal to the percentage of the project's total funding provided by the fund. The commission may include in its legislative bill a recommendation to relinquish the income if a plan is approved for reinvestment of the income in the project or when the amount of the original grant or loan, plus interest, has been repaid to the fund.
History:
1988 c 690 art 1 s 14; 1993 c 172 s 79; 2003 c 128 art 1 s 151; 2008 c 367 s 3; 2009 c 143 s 5
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.11 — Availability Of Funds For Disbursement.

116P.11 AVAILABILITY OF FUNDS FOR DISBURSEMENT.
(a) The amount annually available from the trust fund for the legislative bill developed by the commission is as defined in the Minnesota Constitution, article XI, section 14.
(b) Any appropriated funds not encumbered by the date the appropriation expires cancel and must be credited to the principal of the trust fund.
History:
1988 c 690 art 1 s 15; 1990 c 594 art 1 s 57; 1990 c 612 s 14; 1992 c 513 art 2 s 27; 1992 c 539 s 10; 1993 c 300 s 10; 1994 c 580 s 5; 1995 c 220 s 111; 2002 c 225 s 3; 2006 c 243 s 14; 2023 c 60 art 2 s 7
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.12 — Water System Improvement; Loan Program.

116P.12 WATER SYSTEM IMPROVEMENT; LOAN PROGRAM.
Subdivision 1.
Loans authorized.
(a) If the principal of the trust fund equals or exceeds $200,000,000, the commission may vote to set aside up to five percent of the principal of the trust fund for water system improvement loans. The purpose of water system improvement loans is to offer below market rate interest loans to local units of government for the purposes of water system improvements.
(b) The interest on a loan shall be calculated on the declining balance at a rate that is the greater of one percent or 50 percent of the secondary market yield of one-year United States Treasury bills calculated according to section 549.09, subdivision 1, paragraph (c).
(c) An eligible project must prove that existing federal or state loans or grants have not been adequate.
(d) Payments on the principal and interest of loans under this section must be credited to the trust fund.
(e) Repayment of loans made under this section must be completed within 20 years.
(f) The Minnesota Public Facilities Authority must report to the commission each year on any loans made to the authority under this section.
Subd. 2.
Application and administration.
(a) The commission must adopt a procedure for the issuance of the water system improvement loans by the Public Facilities Authority.
(b) The commission also must ensure that the loans are administered according to its fiduciary standards and requirements.
History:
1988 c 690 art 1 s 16; 2018 c 214 art 4 s 4
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.16 — Real Property Interests; Report.

116P.16 REAL PROPERTY INTERESTS; REPORT.
(a) By December 1 each year, a recipient of an appropriation from the trust fund, that is used for the acquisition of an interest in real property, including, but not limited to, an easement or fee title, or for the construction of a building, trail, campground, or other capital asset with a total cost of $10,000 or more must submit annual reports on the status of the real property to the Legislative-Citizen Commission on Minnesota Resources or its successor in a form determined by the commission. The responsibility for reporting under this section may be transferred by the recipient of the appropriation to another person who holds the interest in the real property. To complete the transfer of reporting responsibility, the recipient of the appropriation must:
(1) inform the person to whom the responsibility is transferred of that person's reporting responsibility;
(2) inform the person to whom the responsibility is transferred of the property restrictions under section 116P.15; and
(3) provide written notice to the commission of the transfer of reporting responsibility, including contact information for the person to whom the responsibility is transferred.
(b) After the transfer, the person who holds the interest in the real property is responsible for reporting requirements under this section.
(c) The annual reporting requirements on the status of a building, trail, campground, or other capital asset with a total cost of $10,000 or more and that was constructed with an appropriation from the trust fund expire 25 years after the date the final progress report under section 116P.05, subdivision 2, paragraph (b), is approved.
History:
1Sp2005 c 1 art 2 s 136; 2006 c 243 s 21; 2013 c 52 s 7; 2023 c 60 art 2 s 9
NOTE:
The amendment to this section by Laws 2023, chapter 60, article 2, section 9, is effective July 1, 2025, and applies to money appropriated on or after that date. Laws 2023, chapter 60, article 2, section 9, the effective date.
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.17 — Acquiring Lands Or Interest In Lands; Commissioner Approval.

116P.17 ACQUIRING LANDS OR INTEREST IN LANDS; COMMISSIONER APPROVAL.
Subdivision 1.
Commissioner approval.
(a) A recipient of an appropriation from the trust fund who acquires an interest in real property must receive written approval from the commissioner of natural resources prior to the acquisition, if the interest is acquired in whole or in part with the appropriation. A recipient must request the commissioner's approval at least ten business days before the proposed acquisition. When a recipient requests approval under this subdivision, the recipient must simultaneously submit the same information to the commission. Conservation easements to be held by the Board of Water and Soil Resources, acquisitions of land in the metropolitan regional recreation open space systems as defined under section 473.351, subdivision 1, with appropriations to the Metropolitan Council, and acquisitions specifically identified in appropriation laws are not subject to commissioner approval under this section.
(b) The commissioner shall approve acquisitions under this section only when the interest in real property:
(1) is identified as a high priority by the commissioner and meets the objectives and criteria identified in the applicable acquisition plan for the intended management status of the property; or
(2) is otherwise identified by the commissioner as a priority for state financing.
Subd. 2.
Value assessment.
At least ten business days prior to acquiring an interest in real property with an appropriation from the trust fund, a recipient of an appropriation must submit the most recent tax assessed value and most recent tax statement of the real property and the amount the recipient plans to offer for the interest in real property to the commission and the commissioner of natural resources. Conservation easements to be held by the Board of Water and Soil Resources are not subject to the requirements of this section. The board shall keep a record of the tax assessed value of the real property at the time of acquisition and the most recent tax statement.
History:
2010 c 362 s 3; 2013 c 52 s 8; 2014 c 226 s 3; 2017 c 96 s 5
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.18 — Lands In Public Domain.

116P.18 LANDS IN PUBLIC DOMAIN.
Money appropriated from the trust fund must not be used to purchase any land in fee title or a permanent conservation easement if the land in question is fully or partially owned by the state or a political subdivision of the state or was acquired fully or partially with state money, unless:
(1) the purchase creates additional direct benefit to the protection, conservation, preservation, and enhancement of the state's air, water, land, fish, wildlife, and other natural resources; and
(2) the purchase is approved, prior to the acquisition, by an affirmative vote of at least 11 members of the commission.
History:
2013 c 52 s 9; 2023 c 60 art 2 s 10
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.19 — Donations.

116P.19 DONATIONS.
A recipient of money from the trust fund must not accept a monetary donation or payment from an owner of land that is acquired in fee in whole or in part with an appropriation from the trust fund that exceeds the documented expenses that are directly related to and necessary for activities specified in the work plan approved by the commission, unless expressly approved by the commission in the work plan. This section does not apply to:
(1) donations that are not connected with the acquisition transaction; or
(2) bargain sales, as defined by Code of Federal Regulations, title 26, section 1.1011-2, provided that the purchase price reimbursed by the state does not exceed the purchase price paid by the recipient.
History:
2016 c 186 s 5
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.20 — Easements; Monitoring And Enforcement Requirements.

116P.20 EASEMENTS; MONITORING AND ENFORCEMENT REQUIREMENTS.
A recipient of money appropriated from the trust fund for easement monitoring and enforcement may spend the money only on activities included in an easement monitoring and enforcement plan contained within the work plan. Money received for monitoring and enforcement, including earnings on the money received, must be kept in a monitoring and enforcement fund held by the recipient and dedicated to monitoring and enforcing conservation easements in Minnesota. A recipient of an appropriation for easement monitoring and enforcement must, within 120 days after the close of the recipient's fiscal year, provide an annual financial report to the commission or the commission's successor on the easement monitoring and enforcement fund as specified in the work plan. Money appropriated from the trust fund for monitoring and enforcement of easements and earnings on the money appropriated revert to the state if:
(1) the easement transfers to the state;
(2) the recipient fails to file an annual financial report and then fails to cure the default within 30 days of notification of the default by the state; or
(3) the recipient fails to comply with the terms of the monitoring and enforcement plan contained within the work plan and fails to cure the default within 90 days of notification of the default by the state.
History:
2016 c 186 s 6
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116P — Environment And Natural Resources Trust Fund › Section 116P.21 — Additional Capital Construction Project Requirements.

116P.21 ADDITIONAL CAPITAL CONSTRUCTION PROJECT REQUIREMENTS.
Subdivision 1.
Full funding.
If an appropriation from the trust fund for a capital construction project or project phase is not alone sufficient to complete the project or project phase and a commitment from sources other than the trust fund is required:
(1) the commitment must be in an amount that, when added to the appropriation from the trust fund, is sufficient to complete the project or project phase; and
(2) the agency administering the appropriation from the trust fund must not distribute the money until the commitment is determined to be sufficient. In determining the sufficiency of a commitment under this clause, the agency must apply the standards and principles applied by the commissioner of management and budget under section 16A.502.
Subd. 2.
Match.
A recipient of money appropriated from the trust fund for a capital construction project must provide a cash or in-kind match from nontrust fund sources of at least 25 percent of the total costs to complete the project or project phase.
Subd. 3.
Sustainable building guidelines.
The sustainable building guidelines established under sections 16B.325 and 216B.241, subdivision 9, apply to new buildings and major renovations funded from the trust fund. A recipient of money appropriated from the trust fund for a new building or major renovation must ensure that the project complies with the guidelines.
Subd. 4.
Applicability.
(a) Subdivisions 1, 2, and 3 do not apply to:
(1) a capital construction project with a total cost of less than $10,000; or
(2) a land acquisition project.
(b) If land is acquired with trust fund money for the purpose of capital construction, the land acquisition is not exempted under paragraph (a), clause (2).
Subd. 5.
Other capital construction statutes.
The following statutes also apply to recipients of appropriations from the trust fund: sections 16B.32; 16B.326; 16B.335, subdivisions 3 and 4; 16C.054; 16C.16; 16C.28; 16C.285; 138.40; 138.665; 138.666; 177.41 to 177.44; and 471.345.
History:
2023 c 60 art 2 s 11
NOTE:
This section, as added by Laws 2023, chapter 60, article 2, section 11, is effective July 1, 2025, and applies to money appropriated on or after that date. Laws 2023, chapter 60, article 2, section 11, the effective date.
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116Q — Great Lakes Protection Fund › Section 116Q.01 — Great Lakes Protection Fund.

116Q.01 GREAT LAKES PROTECTION FUND.
The Great Lakes protection fund has been created by the governors of the eight Great Lakes states as a nonprofit corporation under the laws of the state of Illinois. The fund is a permanent endowment whose purpose is to advance the principles, goals, and objectives of the Great Lakes toxic substances control agreement executed by the governors of the eight Great Lakes states in May 1986 and to ensure the continuous development of needed scientific information, new cleanup technologies, and innovative methods of managing pollution problems as a cooperative effort in the Great Lakes region. The governor may enter this state as a member of the Great Lakes protection fund and do all things necessary or incidental to participate in the fund, as spelled out in its articles of incorporation, filed with the Illinois secretary of state on or about September 26, 1989, and its bylaws, as amended through September 26, 1989. If congressional consent to the Great Lakes protection fund carries with it conditions that materially change the provisions agreed to by the party states, this state reserves the option to terminate further participation in the fund.
History:
1990 c 594 art 1 s 58
2023 Minnesota Statutes › Chapters 116P - 116Q — Environmental Protection Funds › Chapter 116Q — Great Lakes Protection Fund › Section 116Q.02 — State Receipts From Fund.

116Q.02 STATE RECEIPTS FROM FUND.
Subdivision 1.
Great Lakes protection account.
Any money received by the state from the Great Lakes protection fund, whether in the form of annual earnings or otherwise, must be deposited in the state treasury and credited to a special Great Lakes protection account. Money in the account must be spent only as specifically appropriated by law for protecting water quality in the Great Lakes. Approved purposes include, but are not limited to, supplementing in a stable and predictable manner state and federal commitments to Great Lakes water quality programs by providing grants to finance projects that advance the goals of the regional Great Lakes toxic substances control agreement and the binational Great Lakes water quality agreement.
Subd. 2.
LCCMR review.
The legislature intends not to appropriate money from the Great Lakes protection account until projects have been reviewed and recommended by the Legislative-Citizen Commission on Minnesota Resources. A work plan must be prepared for each project for review by the commission. The commission must recommend specific projects to the legislature.
History:
1990 c 594 art 1 s 59; 2006 c 243 s 21
2023 Minnesota Statutes › Chapters 116R - 116X — Business Development › Chapter 116R — Aircraft Facilities; State Financing › Section 116R.01 — Definitions.

116R.01 DEFINITIONS.
Subdivision 1.
Application.
The definitions in this section apply to sections 116R.01 to 116R.15.
Subd. 2.
Bonds.
"Bonds" means the bonds authorized under section 116R.02, subdivision 1, or bonds issued to refund these bonds, except for deficiency bonds.
Subd. 3.
Commissioner.
"Commissioner" means the commissioner of management and budget.
Subd. 4.
Corporate headquarters.
"Corporate headquarters" means the principal office from which the business of the corporation is conducted and the principal office of the chief executive officer of the corporation.
Subd. 5.
Deficiency bonds.
"Deficiency bonds" means the bonds authorized under section 116R.13, subdivision 3, or bonds issued to refund these bonds.
Subd. 6.
Project.
"Project" means the facilities or any property described in section 116R.02, subdivision 5.
Subd. 7.
Related person.
"Related person" means any guarantor of the obligations of the lessee under the lease of a project and any other person whose relation to the lessee or the guarantor is that of a related person as defined in section 147 (a)(2) of the Internal Revenue Code of 1986, as amended through December 31, 1990, and whose financial condition the commissioner determines to be material for the purposes of carrying out the due diligence duties under section 116R.02.
Subd. 8.
State guaranteed bonds.
"State guaranteed bonds" means all outstanding bonds secured as provided in section 116R.02, subdivision 4, paragraph (a).
Subd. 9.
Cash collateral.
"Cash collateral" means cash or securities issued or unconditionally guaranteed as to payment of principal and interest by the United States of America and maturing or callable at the option of the holder within two years.
History:
1991 c 350 art 1 s 1; 1993 c 13 art 1 s 24; 2007 c 138 s 1,16; 2009 c 101 art 2 s 109
2023 Minnesota Statutes › Chapters 116R - 116X — Business Development › Chapter 116R — Aircraft Facilities; State Financing › Section 116R.03 — General Powers.

116R.03 GENERAL POWERS.
For the purpose of exercising the specific powers authorized under sections 116R.01 to 116R.15 and effectuating the other purposes of sections 116R.01 to 116R.15, the commissioner may:
(1) acquire, hold, pledge, assign, lease, or dispose of real or personal property or any interest in property, including a mortgage or security interest in a facility described in section 116R.02, subdivision 5;
(2) enter into agreements, contracts, or other transactions with any federal or state agency, any person and any domestic or foreign partnership, corporation, association, or organization, including contracts or agreements for administration and implementation of all or part of sections 116R.01 to 116R.15;
(3) acquire real property, or an interest therein, by purchase or foreclosure, where the acquisition is necessary or appropriate;
(4) enter into agreements with lenders, borrowers, or the issuers of securities for the purpose of regulating the development and management of any facility financed in whole or in part by the proceeds of bonds or loans;
(5) enter into agreements with other appropriate federal, state, or local governmental units;
(6) contract with, use, or employ any federal, state, regional, or local public or private agency or organization, legal counsel, financial advisors, investment bankers or others, upon terms the commissioner considers necessary or desirable, to assist in the exercise of any of the powers authorized under sections 116R.01 to 116R.15 and to carry out the objectives of sections 116R.01 to 116R.15 and may pay for the services from bond proceeds or otherwise available department money; and
(7) in the event of a default under the loan, lease agreement, or other revenue agreement, the facility, or any part of the facility, may be leased or sold to another person for any lawful purpose. The lease or sale is subject to the approval of the commissioner if there are bonds outstanding for financing the facility. The approval of the commissioner is not required if the bond trustee has taken control of the facility as a result of a default.
History:
1991 c 350 art 1 s 3; 2007 c 138 s 6
2023 Minnesota Statutes › Chapters 116R - 116X — Business Development › Chapter 116R — Aircraft Facilities; State Financing › Section 116R.07 — Pledges.

116R.07 PLEDGES.
Any pledge made by the commissioner is valid and binding from the time the pledge is made. The money or property pledged and later received by the commissioner is immediately subject to the lien of the pledge without any physical delivery of the property or money or further act, and the lien of any pledge is valid and binding as against all parties having claims of any kind in tort, contract, or otherwise against the commissioner, whether or not those parties have notice of the lien or pledge. Neither the order nor any other instrument by which a pledge is created need be recorded.
History:
1991 c 350 art 1 s 7
2023 Minnesota Statutes › Chapters 116R - 116X — Business Development › Chapter 116R — Aircraft Facilities; State Financing › Section 116R.08 — Bonds; Nonliability Of Individuals.

116R.08 BONDS; NONLIABILITY OF INDIVIDUALS.
The commissioner and the commissioner's staff and any person executing the bonds are not personally liable on the bonds or subject to any personal liability or accountability by reason of their issuance.
History:
1991 c 350 art 1 s 8
2023 Minnesota Statutes › Chapters 116R - 116X — Business Development › Chapter 116R — Aircraft Facilities; State Financing › Section 116R.09 — Bonds; Purchase And Cancellation.

116R.09 BONDS; PURCHASE AND CANCELLATION.
The commissioner, subject to agreements with bondholders which may then exist, has power out of any funds available for the purpose to purchase bonds of the commissioner at a price not exceeding (a) if the bonds are then redeemable, the redemption price then applicable plus accrued interest to the next interest payment date thereon, or (b) if the bonds are not redeemable, the redemption price applicable on the first date after the purchase upon which the bonds become subject to redemption plus accrued interest to that date.
History:
1991 c 350 art 1 s 9
2023 Minnesota Statutes › Chapters 116R - 116X — Business Development › Chapter 116R — Aircraft Facilities; State Financing › Section 116R.10 — State Pledge Against Impairment Of Contracts.

116R.10 STATE PLEDGE AGAINST IMPAIRMENT OF CONTRACTS.
The state pledges and agrees with the holders of any bonds that the state will not limit or alter the rights vested in the commissioner to fulfill the terms of any agreements made with the bondholders, or in any way impair the rights and remedies of the holders until the bonds, together with interest on them, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceeding by or on behalf of the bondholders, are fully met and discharged. The commissioner may include this pledge and agreement of the state in any agreement with the holders of bonds issued under sections 116R.01 to 116R.15.
History:
1991 c 350 art 1 s 10; 2007 c 138 s 16