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Bill > SF895


MN SF895

MN SF895
Mahnomen hospital bond issue and appropriation


summary

Introduced
02/03/2025
In Committee
02/03/2025
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 hospital in the city of Mahnomen; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $40,000,000 in state bond funding for the construction, furnishing, and equipping of a new hospital facility in Mahnomen, Minnesota. Specifically, the state will appropriate the funds from its bond proceeds fund to the Mahnomen Health Center Joint Powers Board to support the hospital project. The commissioner of management and budget is authorized to sell and issue state bonds up to the $40,000,000 amount, following established state bonding procedures outlined in Minnesota Statutes and the state constitution. The bonding process will follow standard guidelines for state debt issuance, ensuring that the funds are legally and financially appropriately allocated. The bill becomes effective immediately after it is formally enacted, allowing the Mahnomen Health Center to proceed with its hospital construction plans. This legislation represents a significant capital investment in healthcare infrastructure for the Mahnomen community, providing resources for a new medical facility that will likely improve local healthcare access and services.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Referred to Capital Investment (on 02/03/2025)

bill text


bill summary

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