Bill
Bill > SF3728
MN SF3728
MN SF3728City of Virginia road and infrastructure 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 road and infrastructure improvements in the city of Virginia; authorizing the sale and issuance of state bonds.
AI Summary
This bill authorizes the state of Minnesota to issue up to $4,000,000 in bonds, which are essentially loans that the state takes on, to fund the design and reconstruction of Sixth Avenue in the city of Virginia, including necessary upgrades to water, sewer, and stormwater systems to support the redevelopment of a former municipal steam plant site. The money for this project will come from the "bond proceeds fund," which is a fund established to hold money from the sale of state bonds, and the Commissioner of Management and Budget is directed to sell these bonds 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/3728/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/SF/3728/versions/0/pdf/ |
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