1.1 	A bill for an act
1.2 	relating to finance; appropriating money for higher education asset preservation 
1.3 	and replacement.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. HIGHER EDUCATION ASSET PRESERVATION AND 
1.6 	REPLACEMENT.
 1.7 	$1,456,000,000 is appropriated from the general fund for deferred higher education 
1.8 	asset preservation and replacement in accordance with Minnesota Statutes, section 
1.9 	135A.046. $810,000,000 is for the Board of Regents of the University of Minnesota. 
1.10 	$646,000,000 is for the Board of Trustees of the Minnesota State Colleges and Universities.

1.11 	Sec. 2. EFFECTIVE DATE.
 1.12 	This act is effective the day following final enactment.