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MN SF1921

MN SF1921
Slayton child care center bond issue and appropriation


summary

Introduced
02/27/2025
In Committee
02/27/2025
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 child care center in the city of Slayton; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $3,000,000 from state bond proceeds to the city of Slayton in Minnesota for the purpose of designing, constructing, furnishing, and equipping a child care facility. The funds will be administered by the commissioner of employment and economic development as a grant, and the city is allowed to enter into a lease or management agreement for the facility's operation. Notably, this grant is exempt from certain standard requirements typically applied to similar grants under Minnesota Statutes. The commissioner of management and budget is authorized to sell and issue state bonds up to $3,000,000 to fund this project, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill becomes effective immediately after its final enactment, providing a direct mechanism for supporting child care infrastructure in the Slayton community.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to Capital Investment (on 02/27/2025)

bill text


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