Bill

Bill > HF5332


MN HF5332

MN HF5332
Moorhead, Clay County, and Wilkin County; flood hazard mitigation funding provided; bonds issued; and money appropriated.


summary

Introduced
04/09/2024
In Committee
04/09/2024
Crossed Over
Passed
Dead
05/20/2024

Introduced Session

93rd Legislature 2023-2024

Bill Summary

A bill for an act relating to capital investment; appropriating money for flood hazard mitigation in the city of Moorhead, Clay County, and Wilkin County; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $52.2 million from the bond proceeds fund to the Commissioner of Natural Resources for flood hazard mitigation grants for publicly owned capital improvements to prevent or alleviate flood damage in the city of Moorhead, Clay County, and Wilkin County. The bill authorizes the Commissioner of Management and Budget to sell and issue state bonds to provide the appropriated funds. It also specifies that $14.71 million of the appropriation is for projects in the city of Moorhead, and that any unspent portion of this amount can be used for a grant to the Moorhead-Clay County Joint Powers Authority to construct improvements and acquire land necessary for the Fargo-Moorhead metropolitan diversion project.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Introduction and first reading, referred to Capital Investment (on 04/09/2024)

bill text


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