Bill > HF3377

This bill requires that a public vote, or referendum, be held before certain local government entities can enter into agreements for significant capital improvement projects, which are defined as major upgrades or additions to public infrastructure or facilities. Specifically, home rule charter cities or statutory cities must hold a referendum if they are entering into a lease-purchase agreement for real or personal property that qualifies as a capital improvement and is financed by revenue bonds issued by an economic development authority. An economic development authority, which is a governmental entity created to promote economic growth, must also hold a referendum before issuing revenue bonds to finance a capital improvement project that will be leased to a city for its use. This change aims to give citizens a direct say in major public spending on infrastructure.

Government Affairs

https://www.revisor.mn.gov/bills/94/2026/0/HF/3377/