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Bill > SF1379


MN SF1379

MN SF1379
Karlstad airport relocation bond issue 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 Karlstad airport relocation; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $9,700,000 from the state bond proceeds fund to support the Karlstad airport runway relocation project, specifically funding Phase 3 of the airport development. The appropriation will cover engineering and construction expenses including runway and taxiway paving and lighting, a parking apron, utilities, an aviation fueling system, navigational aids, access drive and parking, and other facilities necessary to meet Department of Transportation Aeronautics airport licensure requirements. The bill builds upon previous funding for Phases 1 and 2 of the project, as established in earlier legislative sessions. To finance this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to $9,700,000, following standard state bonding procedures outlined in Minnesota statutes and constitutional provisions. The bill becomes effective immediately after its final enactment, enabling the city of Karlstad to proceed with the airport infrastructure improvements.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


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