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Bill > SF3966
MN SF3966
MN SF3966Higher Education Asset Preservation and Replacement at the University of Minnesota bond issue and appropriation
summary
Introduced
02/26/2026
02/26/2026
In Committee
02/26/2026
02/26/2026
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to capital investment; appropriating money for Higher Education Asset Preservation and Replacement at the University of Minnesota; authorizing the sale and issuance of state bonds.
AI Summary
This bill appropriates $100,000,000 from the bond proceeds fund to the University of Minnesota's Board of Regents for Higher Education Asset Preservation and Replacement (HEAPR), which refers to the maintenance and upgrading of existing university facilities, as outlined in Minnesota Statutes, section 135A.046. To secure these funds, the commissioner of management and budget is authorized to sell and issue state bonds up to that amount, following established state laws and constitutional provisions for bond sales.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Referred to Capital Investment (on 02/26/2026)
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/3966/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/SF/3966/versions/0/pdf/ |
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