Bill > HF1170

This bill provides $18,120,000 in state bond funding for the construction, renovation, and equipment of a new Minnesota BioImaging Center, which is part of the Hormel Institute, a collaborative research center between the University of Minnesota and Mayo Clinic focused on biomedical and cancer research. The funding will be administered through a grant to the Austin Port Authority, and the commissioner of management and budget is authorized to sell and issue state bonds to cover the appropriation, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill's provisions will take effect immediately after final enactment, enabling the immediate pursuit of funding for this research facility expansion. By providing dedicated funding for the BioImaging Center, the bill aims to support advanced medical research capabilities in Minnesota, potentially enhancing the state's standing in biomedical innovation and cancer research.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1170&ssn=0&y=2025