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 trail improvements in the city of Prior Lake; 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 $4,103,000 to fund improvements to trails in the city of Prior Lake. The money appropriated from the sale of these bonds will be given as a grant to the city of Prior Lake by the commissioner of natural resources, a state government official responsible for natural resources, to design and build three sections of a paved, multi-use trail along the west side of Trunk Highway 13. This trail is intended to connect different parts of the community, link to existing trail systems, offer a safe route to schools, improve access to recreational activities, and enhance safety for people walking and biking. The bill also specifies that the commissioner of management and budget, another state official overseeing financial matters, will handle the sale and issuance of these bonds according to state laws and the state constitution, and this provision will take effect the day after the bill is officially passed into law.
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/3796/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/SF/3796/versions/0/pdf/ |
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