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MN HF673

MN HF673
Howard Lake; veterans memorial 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 veterans memorial in Howard Lake; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding for a veterans memorial in Howard Lake, Minnesota, by appropriating $50,000 from state bond proceeds. The funds will be used by the city of Howard Lake to construct, furnish, and equip the memorial. To finance this project, the commissioner of management and budget is authorized to sell and issue state bonds up to the $50,000 amount, following standard state bonding procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in accordance with the Minnesota Constitution. The bill's provisions will take effect the day after it receives final legislative approval. This type of targeted local infrastructure funding is common in state legislatures, where specific community projects are funded through state bond issuances, allowing municipalities to develop public monuments or facilities that honor local veterans or improve community spaces.

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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