1.1    .................... moves to amend ... F. No. .... as follows:
1.2Page ..., after line ..., insert:

1.3    "Sec. .... Laws 1998, chapter 389, article 16, section 31, subdivision 4, as amended
1.4by Laws 1999, chapter 180, section 3, and Laws 2001, chapter 164, section 5, and Laws
1.52005, First Special Session chapter 1, article 2, section 149, is amended to read:
1.6    Subd. 4. County environmental trust fund. Notwithstanding the provisions of
1.7Minnesota Statutes, chapter 282, and any other law relating to the apportionment of
1.8proceeds from the sale of tax-forfeited land, and except as otherwise provided in this
1.9section, a county board must deposit the money received from the sale of land under
1.10subdivision 3 into an environmental trust fund established by the county under this
1.11subdivision. The county board may: (1) deposit part or all of the environmental trust fund
1.12money as provided in Minnesota Statutes, chapter 118A; or (2) enter into an agreement
1.13with the State Board of Investment to invest all or part of the money in investments
1.14under Minnesota Statutes, section 11A.24, subdivisions 1 to 5, on behalf of the county.
1.15The following may be withheld by a county board and are not required to be deposited
1.16into an environmental trust fund: the costs of appraisal, abstracts, and surveys; money
1.17received from a sale which is attributable to land owned by a county in fee; amounts paid
1.18to lessees for improvements; amounts paid to acquire land which is included in a county
1.19plan for exchange and is conveyed to the state in the exchange, including the purchase
1.20price, appraisal, abstract, survey, and closing costs; and the costs of sale to lessees or other
1.21parties, including the costs of advertising, realtors, and closing services. If the proceeds
1.22from the sale of tax-forfeited land in a county are $250,000 or more, the amount the
1.23county may spend from the fund each calendar year may not exceed 5-1/2 percent of the
1.24market value of the fund on January 1 of the preceding calendar year, and the county board
1.25may spend money from the fund only for purposes related to the improvement of natural
1.26resources. To the extent money received from the sale is attributable to tax-forfeited
1.27land from another county, the money must be deposited in an environmental trust fund
2.1established under this section by that county board. The county board must not delegate
2.2to an appointed official or any other person any decision required or permitted to be
2.3made under this subdivision.
2.4EFFECTIVE DATE.This section is effective the day following final enactment."
2.5Renumber the sections in sequence and correct the internal references
2.6Amend the title accordingly