1.1 	A bill for an act
1.2 	relating to higher education; establishing a county scholarship program funded by 
1.3 	mineral royalties;proposing coding for new law in Minnesota Statutes, chapter 
1.4 	298.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. [298.2215] COUNTY SCHOLARSHIP PROGRAM.
1.7 		Subdivision 1.Establishment. A county may establish a scholarship fund from any 
1.8 	unencumbered revenue received pursuant to section 298.018, 298.28, 298.39, 298.396, or 
1.9 	298.405 or any law imposing a tax upon severed mineral values. Scholarships must be used 
1.10 	at a two-year Minnesota State Colleges and Universities institution within the county. The 
1.11 	county shall establish procedures for applying for and distributing the scholarships.
1.12 		Subd. 2.Eligibility. An applicant for a scholarship under this section must be a resident 
1.13 	of the county at the time of the applicant's high school graduation. The county may establish 
1.14 	additional eligibility criteria.