1.1 	A bill for an act
1.2 	relating to Iron Range resources; updating the definition of the Giants Ridge 
1.3 	Recreation Area; correcting a statutory range reference relating to the Douglas 
1.4 	J. Johnson economic protection trust fund;amending Minnesota Statutes 2004, 
1.5 	sections 298.22, subdivision 7; 298.291.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. Minnesota Statutes 2004, section 298.22, subdivision 7, is amended to read:
1.8 		Subd. 7.Project area development authority. (a) In addition to the other powers 
1.9 	granted in this section and other law and notwithstanding any limitations contained in 
1.10 	subdivision 5, the commissioner, for purposes of fostering economic development and 
1.11 	tourism within the Giants Ridge Recreation Area or the Ironworld Discovery Center area, 
1.12 	may spend any money made available to the agency under section  298.28 to acquire real 
1.13 	or personal property or interests therein by gift, purchase, or lease and may convey by 
1.14 	lease, sale, or other means of conveyance or commitment any or all property interests 
1.15 	owned or administered by the commissioner within such areas. 
1.16 	(b) In furtherance of development of the Giants Ridge Recreation Area or the 
1.17 	Ironworld Discovery Center area, the commissioner may establish and participate in 
1.18 	charitable foundations and nonprofit corporations, including a corporation within the 
1.19 	meaning of section  317A.011, subdivision 6. 
1.20 	(c) The term "Giants Ridge recreation area" refers to an economic development 
1.21 	project area established by the commissioner in furtherance of the powers delegated in this 
1.22 	section within St. Louis County in the western portions of the town of White ~~and~~,  in the 
1.23 	eastern portion of the ~~westerly,~~ city of Biwabik, and in the adjacent, unorganized township.
1.24 	(d) The term "Ironworld Discovery Center area" refers to an economic development 
1.25 	and tourism promotion project area established by the commissioner in furtherance 
2.1 	of the powers delegated in this section within St. Louis County in the south portion of 
2.2 	the town of Balkan.

2.3 	Sec. 2. Minnesota Statutes 2004, section 298.291, is amended to read:
2.4 	298.291 CITATION.
2.5 	Sections  298.291 to  ~~298.294~~ 298.298 shall be known as the "Douglas J. Johnson 
2.6 	Economic Protection Trust Fund Act."