1.1 	A bill for an act
1.2 	relating to higher education; appropriating money for the research partnership 
1.3 	between the University of Minnesota and the Mayo Foundation.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. UNIVERSITY OF MINNESOTA AND MAYO FOUNDATION 
1.6 	PARTNERSHIP.
 1.7 	(a) $8,000,000 in fiscal year 2010 and $8,000,000 in fiscal year 2011 is appropriated 
1.8 	to the Board of Regents of the University of Minnesota for the direct and indirect expenses 
1.9 	of the collaborative research partnership between the University of Minnesota and the 
1.10 	Mayo Foundation for research in biotechnology and medical genomics. This appropriation 
1.11 	is available until expended. An annual report on the expenditure of these funds must 
1.12 	be submitted to the governor and the chairs of the senate and house of representatives 
1.13 	committees responsible for higher education and economic development by June 30 
1.14 	of each fiscal year.
1.15 	(b) All parties to the partnership and chairs of the senate and house of representatives 
1.16 	committees responsible for higher education finance must be consulted before the Board 
1.17 	of Regents reduces the amount allocated to the partnership under this section during the 
1.18 	biennium ending June 30, 2011.