1.1 	A bill for an act
1.2 	relating to finance; providing for the repayment of money used for mineral 
1.3 	management in fiscal years 2006 and 2007.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. TRANSFER; REPAYMENT OF MINERAL PAYMENTS FROM 
1.6 	TRUST LANDS.
 1.7 	(a) On July 2, 2007, the commissioner of finance shall transfer from the general 
1.8 	fund to the permanent school fund the total amount that was deposited in the minerals 
1.9 	management account in the natural resources fund from mineral payments on permanent 
1.10 	school trust lands under Laws 2005, First Special Session chapter 1, article 2, section 
1.11 	154, paragraph (b).
1.12 	(b) On July 2, 2007, the commissioner of finance shall transfer from the general fund 
1.13 	to the university trust fund the total amount that was deposited in the minerals management 
1.14 	account in the natural resources fund from mineral payments on university trust lands 
1.15 	under Laws 2005, First Special Session chapter 1, article 2, section 154, paragraph (b).