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MN HF574

MN HF574
New drinking water system to serve the East Range Water System and its member communities 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 a new drinking water system to serve the East Range Water System and its member communities; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $5,000,000 in state bond funding to the Public Facilities Authority for the East Range Water Board to develop a new drinking water system serving the East Range Water System and its member communities. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $5,000,000 to finance the project, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The funding will be used to acquire property and construct, furnish, and equip the new water system infrastructure. The bill becomes effective immediately after it is enacted, which means the bonding and appropriation can proceed quickly to support the development of this essential water infrastructure for the East Range communities.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Hearing (10:15:00 3/11/2025 ) (on 03/11/2025)

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