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Bill > HF1508


MN HF1508

MN HF1508
University of Minnesota-Duluth; Academic Health Center facility funding provided, bonds issued, and money appropriated.


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 capital investment; appropriating money for an Academic Health Center facility for the University of Minnesota-Duluth; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $15,000,000 in state bond proceeds to the University of Minnesota's Board of Regents specifically for the predesign, design, and preconstruction services of a new Academic Health Center facility in downtown Duluth. The facility will be a joint location for the Duluth College of Pharmacy and Medical School, situated in an emerging Medical District. The commissioner of management and budget is authorized to sell and issue state bonds up to the $15,000,000 amount to fund this project, following standard state bonding procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in alignment with the Minnesota Constitution's provisions on state bonding. The bill becomes effective immediately after its final enactment, enabling the University of Minnesota-Duluth to move forward with planning and initial stages of the new health center facility.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Author added Zeleznikar (on 03/03/2025)

bill text


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