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MN SF3268

MN SF3268
Taylors Falls sewer improvements bond issue and appropriation


summary

Introduced
04/03/2025
In Committee
04/03/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for sewer improvements in the city of Taylors Falls; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides a $1,500,000 appropriation from state bond proceeds to the Public Facilities Authority for a grant to the city of Taylors Falls specifically for sanitary sewer system improvements, including design, construction, and equipment. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to the $1,500,000 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 bonding (article XI, sections 4 to 7). The purpose of this bill is to provide funding for infrastructure upgrades to Taylors Falls' sewer system, and it will become effective immediately after being enacted. This type of legislation is common for supporting local infrastructure improvements, with the state providing financial assistance to municipalities for critical utility upgrades.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to Capital Investment (on 04/03/2025)

bill text


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