Bill

Bill > HF1552


MN HF1552

MN HF1552
Matching requirements for the lower population density grant program modified.


summary

Introduced
02/26/2025
In Committee
02/26/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to broadband; modifying matching requirements for the lower population density grant program; amending Minnesota Statutes 2024, section 116J.3952, subdivision 2.

AI Summary

This bill modifies the matching requirements for the lower population density grant program by increasing the percentage of project costs that can be covered by government grants. Specifically, the bill changes the existing law to allow grants to fund up to 90 percent of a project's total cost, up from the previous 75 percent. This means that grant recipients would now be required to provide only 10 percent of project funding, compared to the previous 25 percent match. The change applies to grants related to broadband infrastructure in lower population density areas, which typically refers to rural or less densely populated regions. The bill includes an effective date of August 1, 2025, giving stakeholders time to prepare for the new grant funding structure. The modification is likely intended to make broadband infrastructure development more financially feasible for communities with limited resources by reducing the local matching fund requirements.

Committee Categories

Agriculture and Natural Resources

Sponsors (2)

Last Action

Introduction and first reading, referred to Agriculture Finance and Policy (on 02/26/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...