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Bill > HF2484


MN HF2484

Library construction grant program funding provided, bonds issued, and money appropriated.


summary

Introduced
03/17/2025
In Committee
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)

bill text


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