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Bill > SF3742
MN SF3742
MN SF3742Rochester Community and Technical College improvements bond issue and appropriation
summary
Introduced
02/23/2026
02/23/2026
In Committee
02/23/2026
02/23/2026
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to capital investment; appropriating money for improvements at Rochester Community and Technical College; authorizing the sale and issuance of state bonds.
AI Summary
This bill authorizes the state to sell and issue bonds, which are essentially loans that the state takes out, up to $14,400,000 to fund improvements at Rochester Community and Technical College. Specifically, the money will be used to design, renovate, furnish, and equip space for Career and Technical Education programs at the Heintz Center, a facility at the college. The appropriation comes from the bond proceeds fund, meaning the money is generated by selling these bonds, and the commissioner of management and budget is tasked with managing the bond sale according to state laws and the Minnesota Constitution.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Capital Investment (on 02/23/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/94/2026/0/SF/3742/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/SF/3742/versions/0/pdf/ |
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