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Bill > SF1358


MN SF1358

Rice Creek Watershed District bond issuance and appropriation


summary

Introduced
02/13/2025
In Committee
02/13/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for the Rice Creek Watershed District; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $7,000,000 from state bond proceeds to the Minnesota Department of Natural Resources for a targeted flood hazard mitigation project in the Rice Creek Watershed District. The funding is specifically designated for flood mitigation efforts along the Interstate Highway 35W corridor, with the goal of alleviating flooding in the cities of New Brighton, St. Anthony Village, and Roseville. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $7,000,000 to fund these projects, which will involve constructing water storage and treatment basins and improving water conveyance systems. The bond sale will follow standard state procedures outlined in Minnesota Statutes and the state constitution. The bill becomes effective immediately after final enactment, enabling the watershed district to proceed with flood mitigation infrastructure improvements to protect these communities from potential water-related risks.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 02/13/2025)

bill text


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