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LCCMR <br />Page 14 <br />LCCMR Staff: <br />Susan Thornton, Director <br />Shelley Shreffler <br />Michael McDonough <br />Mike Banker <br />Diana Griffith <br />Information from this <br />document may be copied <br />and distributed to others. <br />This publication can be <br />made available in <br />alternate formats, such <br />as large print or cassette <br />tape, upon request. <br />Any questions or <br />suggestions can be sent <br />to the LCCMR: <br />Ph: 651-296-2406 <br />TTY: 651-296-9896 OR <br />1-800-657-3550 <br />Fax: 651-296-1321 <br />Email: <br />Iccmr(a~lccmr.lep.mn <br />Web: www.lccmr.leg.mn <br />Legislative-Citizen <br />Commission on <br />MN Resources <br />Rm. 65 State Office Bldg <br />100 Rev. Dr. Martin <br />Luther King Jr. Blvd. <br />St. Paul, MN 55155 <br />MN Constitution Art. XI, Sec.14 <br />Environment and Natural Resources .. . <br />http://www.Iccmr.leg.mn/trustfund/constitutionsec14.htm <br />A permanent environment and natural resources trust fund is estab- <br />lished in the state treasury. Loans may be made of up to five percent <br />of the principal of the fund for water system improvements as pro- <br />vided by law. The assets of the fund shall be appropriated by law for <br />the public purpose of protection, conservation, preservation, and en- <br />hancement of the state's air, water, land, fish, wildlife, and other natu- <br />ral resources. The amount appropriated each year of a biennium, <br />commencing on July 1 in each odd-numbered year and ending on and <br />including June 30 in the next odd-numbered year, may be up to 5-1/2 <br />percent of the market value of the fund on June 30 one year before <br />the start of the biennium. Not less than 40 percent of the net proceeds <br />from any state-operated lottery must be credited to the fund until the <br />year 2025. [Adopted, November 8, 1988; Amended, November 6, <br />1990; November 3, 1998] <br />MS 116P.08 Trust Fund Expenditures and Exceptions <br />http://www.revisor.leg.state.mn.us/bin/getpub.php?pubtype=STAY CHAP&year=curre <br />nt&chapter=116P <br />Subdivision 1. Expenditures. Money in <br />the trust fund may be spent ONLY for: <br />(1) the reinvest in Minnesota program as <br />provided in section 84.95, subd. 2; <br />(2) research that contributes to increas- <br />ing the effectiveness of protecting or <br />managing the state's environment or <br />natural resources; <br />(7) administrative and investment ex- <br />penses incurred by the state board of <br />investment in investing deposits to <br />the trust fund;. and <br />(8) administrative expenses subject to <br />the limits in section 116P.09. <br />Subdivision 2. Exceptions. Money from <br />the trust fund may not be spent for: <br />(3) collection and analysis of information (1) purposes of environmental compen- <br />that assists in developing the state's sction and liability under chapter <br />environmental and natural resources 1156 and response action under <br />policies; chapter 115C; <br />(4) enhancement of public education, (2) purposes of municipal water pollution <br />awareness, and understanding nec- control under the authority of chap- <br />essary for the protection, conserva- ters 115 and 116; <br />tion, restoration, and enhancement of (3) costs associated with the decommis- <br />air, land, water, forests, fish, wildlife, <br />and other natural resources; sinning of nuclear power plants; <br />(5) capital projects for the preservation <br />and protection of unique natural re- <br />sources; <br />(6) activities that preserve or enhance <br />fish, wildlife, land, air, water, and <br />other natural resources that other- <br />wise may be substantially impaired or <br />destroyed in any area of the state; <br />(4) hazardous waste disposal facilities; <br />(5) solid waste disposal facilities; or <br />(6) projects or purposes inconsistent with <br />the strategic plan. <br />