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MN SF524

New drinking water system bond issue and appropriation to serve the East Range Water System and its member communities


summary

Introduced
01/23/2025
In Committee
01/23/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for a new drinking water system to serve the East Range Water System and its member communities; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $5,000,000 from state bond proceeds to support the East Range Water System, which serves multiple communities in Minnesota. The funds are specifically designated for the Public Facilities Authority to provide a grant to the East Range Water Board, enabling them to acquire property and construct, furnish, and equip a new drinking water system. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to the $5,000,000 amount, following established state bonding procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in alignment with the Minnesota Constitution's provisions on state bonding. The purpose of this legislation is to improve drinking water infrastructure for the East Range Water System and its member communities, with the bill becoming effective immediately after final enactment.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to Capital Investment (on 01/23/2025)

bill text


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