Bill
Bill > HF2484
MN HF2484
Library construction grant program funding provided, bonds issued, and money appropriated.
summary
Introduced
03/17/2025
03/17/2025
In Committee
05/07/2025
05/07/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to capital investment; appropriating money for library construction grants; authorizing the sale and issuance of state bonds.
AI Summary
This bill provides $1,000,000 in state funding for library construction grants through the existing Library Construction Grants Program administered by the commissioner of education. To finance these grants, the commissioner of management and budget is authorized to sell and issue state bonds up to the $1,000,000 amount, 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 debt. The bill specifies that the funding will come from bond proceeds and will be used to support library construction projects, with the section becoming effective immediately after its final enactment. By providing this dedicated funding, the bill aims to support infrastructure improvements and development of library facilities across the state.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Committee report, to adopt as amended and re-refer to Ways and Means (on 05/07/2025)
Official Document
bill text
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