1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money for renewable biomass 
1.3 	energy production by the Laurentian Energy Authority; authorizing the sale 
1.4 	and issuance of state bonds. 
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. APPROPRIATION.
 1.7 	$5,800,000 is appropriated from the bond proceeds fund to the commissioner of 
1.8 	employment and economic development for a grant to the Laurentian Energy Authority 
1.9 	for conversion of coal fuel handling facilities and coal boilers to renewable biomass fuel, 
1.10 	cogeneration interconnections, transmission upgrades, and design engineering.

1.11 	Sec. 2. BOND SALE.
 1.12 	To provide the money appropriated in section 1 from the bond proceeds fund, 
1.13 	the commissioner of finance shall sell and issue bonds of the state in an amount up to 
1.14 	$5,800,000 in the manner, upon the terms, and with the effect prescribed by Minnesota 
1.15 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
1.16 	sections 4 to 7.

1.17 	Sec. 3. EFFECTIVE DATE.
 1.18 	Sections 1 and 2 are effective the day following final enactment.