SF4029

Purpose

• Provide funding through a capital investment program for a regional facility in Washington County to process wood waste and diseased trees into high-value sustainable products. The bill designates a grant to Washington County to help acquire land and to design, construct, and equip the facility.

Main provisions

• Appropriation (Subdivision 1):
  • An amount of 4,000,000 is appropriated from the bond proceeds fund to the Pollution Control Agency.
  • The money is for a grant to Washington County to acquire land and to design, construct, and equip a regional facility for processing wood waste and diseased trees into high-value sustainable products.
• Bond sale (Subdivision 2):
  • The state shall sell and issue bonds up to 4,000,000 to finance the appropriation.
  • Bond issuance follows the terms and effects of Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI sections 4 to 7.
  • The process is overseen by the commissioner of management and budget.

Significance and changes to existing law

-Creates a new capital investment project by authorizing a grant to Washington County and funding it with bond proceeds. -Uses existing bond authorization framework (16A.631–16A.675) and constitutional provisions for bond issuance. -No broad changes to environmental or other statutes are described; the bill establishes funding and administration for this specific regional facility.

Key terms and concepts from the bill

• Washington County
• wood waste
• diseased trees
• regional facility
• high-value sustainable products
• grant
• acquire land
• design, construct, and equip
• Pollution Control Agency
• bond proceeds fund
• bond sale / issue bonds
• Minnesota Statutes sections 16A.631 to 16A.675
• Minnesota Constitution article XI sections 4 to 7
• capital investment (as a funding mechanism)

Relevant Terms - Washington County, wood waste, diseased trees, regional facility, grant, acquire land, design, construct, equip, Pollution Control Agency, bond proceeds fund, bond sale, 16A.631-16A.675, Constitution Article XI, capital investment