Bill
Bill > HF311
summary
Introduced
02/13/2025
02/13/2025
In Committee
02/13/2025
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 land acquisition in the city of Dayton.
AI Summary
This bill appropriates $400,000 from the Minnesota state general fund in fiscal year 2026 to the commissioner of employment and economic development, specifically designated as a grant to the Dayton economic development authority. The purpose of this funding is to acquire real property located in the city of Dayton's Historic Village, with the goal of redeveloping the land to create economically viable projects that serve a public purpose. The appropriation will remain available until the land acquisition and redevelopment project is either completed or abandoned, following standard state financial guidelines outlined in Minnesota Statutes, section 16A.642, which typically governs how and when appropriated funds can be used.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Introduction and first reading, referred to Capital Investment (on 02/13/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0311&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF311&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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