Bill
HF 1314
Overview: HF 1314 - State park and recreation area acquisition funding provided, bonds issued, and money appropriated.Purpose and Intent: This bill aims to provide funding for the
Overview: HF 1314 - State park and recreation area acquisition funding provided, bonds issued, and money appropriated.
Purpose and Intent: This bill aims to provide funding for the acquisition of state parks and recreation areas in Minnesota. It authorizes the issuance of bonds and appropriates money to support these acquisitions.
Key Provisions:
- Authorizes the sale of $50 million in state bonds to fund the acquisition of state parks and recreation areas.
- Appropriates $50 million from the bond proceeds to the commissioner of natural resources for the acquisition of state parks and recreation areas.
- Specifies that the bond proceeds can be used for the purchase of land, easements, and other interests in real property for state parks and recreation areas.
Affected Parties and Impacts: The primary beneficiaries of this bill would be the Minnesota Department of Natural Resources and the public, as it would enable the expansion and preservation of the state's park and recreation system. Taxpayers would be responsible for repaying the bonds over time.
Procedural and Timeline Considerations: The bill has been introduced in the Minnesota House of Representatives and is currently awaiting further action.
Compiled from official sources — confirm details with the bill’s official record.
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