Bill > HF229

This bill appropriates $1,050,000 from state bond proceeds to the Otter Tail County to design, construct, and equip a 12-unit multipurpose youth transitional facility in the city of Perham. The facility is intended to provide comprehensive supportive services in a residential setting for youth. To fund this project, the commissioner of management and budget is authorized to sell and issue state bonds up to the appropriated amount, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill specifies that these bonds will be sold according to established financial guidelines, and the section becomes effective immediately after final enactment. This type of legislation is typically used to fund specific local infrastructure or community development projects through state-issued bonds, which are essentially government loans that will be repaid with interest over time.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0229&ssn=0&y=2025