Bill
Bill > HF2418
summary
Introduced
03/17/2025
03/17/2025
In Committee
04/01/2025
04/01/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to capital investment; requiring local governments to establish capital project plans; proposing coding for new law in Minnesota Statutes, chapter 16A.
AI Summary
This bill requires local governments and other grantees receiving state capital project funding to develop comprehensive capital project plans starting July 1, 2025. The bill defines a "capital project" as improvements or major upgrades subject to specific state financial guidelines, and a "grantee" as any entity receiving a direct state appropriation for a capital project (excluding state agencies). Under the new law, grantees must create detailed plans that address major rehabilitation, expansion, or preservation of capital projects, taking into account factors such as safety, security, maintenance and utility costs, availability of repair parts, sustainability, and any other relevant criteria. Grantees will be required to certify to the state commissioner that they have established and are complying with their capital project plan, and the commissioner may request additional documentation to verify the plan's completeness and accuracy. The goal appears to be improving long-term planning and accountability for public infrastructure investments by ensuring that recipients of state capital project funds have thorough, forward-looking maintenance and improvement strategies.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (2)
Last Action
Hearing (09:00:00 4/30/2025 ) (on 04/30/2025)
Official Document
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