1.1 	A bill for an act
1.2 	relating to economic development; authorizing the economic development 
1.3 	authority to become a member of a limited liability company;amending 
1.4 	Minnesota Statutes 2008, section 469.101, subdivision 6.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2008, section 469.101, subdivision 6, is amended to read:
1.7 		Subd. 6.Limited partner. The economic development authority may be a limited 
1.8 	partner in a partnership or a member in a limited liability company whose purpose is 
1.9 	consistent with the authority's purpose.