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Bill > SF3169


MN SF3169

Redpath impoundment flood hazard mitigation project bond issue and appropriation


summary

Introduced
04/01/2025
In Committee
04/01/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for the Redpath impoundment flood hazard mitigation project; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $13.7 million from bond proceeds to the commissioner of natural resources for flood hazard mitigation grants, specifically for the Redpath impoundment project sponsored by the Bois de Sioux Watershed District. The funds are intended for publicly owned capital improvements to prevent or alleviate flood damage, with levee projects encouraged to meet a state standard of three feet above the 100-year flood elevation. The commissioner will determine project priorities based on need and has the flexibility to reallocate funds if a specific project is not ready to proceed. The bill also provides that if a project's cost exceeds two percent of the median household income multiplied by the number of households in a municipality or township, the appropriation can cover the local share. The commissioner of management and budget is authorized to sell and issue state bonds up to $13.7 million to fund these projects, following established state bonding procedures. The bill becomes effective the day after final enactment.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 04/01/2025)

bill text


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