This bill proposes an amendment to the Minnesota Constitution to establish a permanent environment and natural resources trust fund, which will be funded by at least 40% of the net proceeds from the state-operated lottery until December 31, 2050. The amendment aims to protect drinking water sources, improve air quality, conserve wildlife habitats, and expand access to parks and trails. It also includes provisions that prohibit the use of the fund's assets for certain costs related to wastewater facilities and specifies that the fund's assets cannot be used to pay bond principal or interest. The proposed amendment will be submitted to voters during the 2024 general election.

In addition to the constitutional amendment, the bill introduces statutory changes that establish a community grant program funded by the trust fund, which will allocate 1.5% of the fund's market value each fiscal year for grants aimed at benefiting communities affected by environmental degradation. The bill also creates an advisory council to oversee the grant program, ensuring diverse representation and expertise in environmental issues. The council will advise on grant applications, review policies, and make recommendations for program improvements. The effective date for these changes is contingent upon voter approval of the constitutional amendment in 2024.

Statutes affected:
Introduction: 349A.08
1st Engrossment: 349A.08, 349A.10
4th Engrossment: 116P.03
1st Unofficial Engrossment: 116P.03
1st Engrossment: 349A.08, 349A.10