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MN HF228

MN HF228
Biscay; water infrastructure funding provided, bonds issued, and money appropriated.


summary

Introduced
02/10/2025
In Committee
02/10/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for water infrastructure in the city of Biscay; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $3,000,000 in state bond funding to the city of Biscay for water infrastructure improvements. Specifically, the bill authorizes the commissioner of management and budget to sell and issue state bonds to fund predesign and design work for upgrades to the city's water infrastructure. The bonds will be issued according to established state procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in alignment with the Minnesota Constitution's provisions on state bonding. The appropriation and bond issuance are intended to help the city of Biscay improve its water system infrastructure, with the funding mechanism following standard state protocols for capital investment projects. The bill becomes effective immediately after final enactment, allowing the city to proceed with planning and designing its water infrastructure upgrades.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Hearing (10:15:00 3/20/2025 ) (on 03/20/2025)

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