§ 94.165 — Land Acquisition Account
Plain-Language Summary
The state has a land acquisition account in the treasury. Money in this account is set aside for the commissioner of natural resources to buy natural resource lands, pay expenses for making state property ready to sell, and cover costs of land exchanges. The commissioner must report all purchases and sales from this account each year.
94.165 LAND ACQUISITION ACCOUNT.
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Subdivision 1.Creation.
There is created in the state treasury a land acquisition account. §
Subd. 2.Appropriation.
Money in the account is appropriated to the commissioner of natural resources for:
(1) the acquisition of natural resource lands or interests in lands within the outdoor recreation system established in chapter 86A;
(2) payment of expenses incurred by the commissioner in rendering saleable any state-owned property administered by the commissioner; and
(3) payment of expenses incurred by the commissioner in exchanging any state-owned property administered by the commissioner. §
Subd. 3.Report.
The commissioner must file a report to the house of representatives Ways and Means and the senate Finance Committees and the Environment and Natural Resources Committees of the senate and house of representatives by October 1 of each year indicating all purchases and sales from this account.
History:
1984 c 654 art 2 s 91; 1993 c 172 s 49; 2013 c 73 s 3
History: History: 1984 c 654 art 2 s 91; 1993 c 172 s 49; 2013 c 73 s 3