Bill

Bill > SF607


MN SF607

Sibley County infrastructure improvements bond issuance and appropriations


summary

Introduced
01/27/2025
In Committee
01/27/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for infrastructure improvements in Sibley County; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $1,000,000 from state bond proceeds to support infrastructure improvements in Sibley County, specifically for the Sibley County State-Aid Highway 21 project. The funding will be used to design and construct improvements to critical infrastructure, including sanitary sewer systems, water mains, storm drainage systems, and road upgrades. The Minnesota commissioner of transportation will administer the grant to Sibley County, and the commissioner of management and budget is authorized to sell and issue state bonds up to $1,000,000 to finance the project. The bonds will be issued in accordance with existing state statutes governing bond issuance and constitutional provisions, with the bill becoming effective immediately after its final enactment. This type of legislation is typical of state-level capital investment acts that provide targeted funding for local infrastructure development and improvement.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 01/27/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...