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Bill > HF620


MN HF620

MN HF620
Southwest Minnesota State University campus improvement funding provided, bonds issued, and money appropriated.


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 campus improvements at Southwest Minnesota State University; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $14,018,000 from state bond proceeds to the Board of Trustees of the Minnesota State Colleges and Universities specifically for designing, constructing, renovating, and equipping the Center for Rural Health and Wellness at Southwest Minnesota State University. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to the appropriated amount, following the procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in accordance with the Minnesota Constitution's provisions on state bonding. The funding is intended to support campus improvements at the university, with a focus on creating a new center dedicated to rural health and wellness. The bill will become effective immediately after it is enacted, providing a clear timeline for implementing the capital investment project.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Introduction and first reading, referred to Capital Investment (on 02/13/2025)

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