Bill > HF692

This bill appropriates $48,586,000 from state bond proceeds to fund flood hazard mitigation projects specifically in the Red River Basin of Minnesota. The funding will be distributed across six specific projects in different watershed districts, including flood prevention and water retention initiatives. For example, $2 million will go to the Middle-Snake-Tamarac Rivers Watershed District to remove the city of Newfolden from the 100-year floodplain, while $13,748,000 will support the Bois de Sioux Watershed District's Mustinka River Rehabilitation project. The bill allows grants to cover up to 75 percent of proposed mitigation measures, which is higher than typical grant limits. Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds to provide the appropriated funds. The legislation considers local economic factors when determining matching fund requirements, such as adjusting local match percentages based on municipal household income. The bill aims to enhance flood protection, water management, and community resilience in the Red River Basin region, with an effective date immediately following its final enactment.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0692&ssn=0&y=2025