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MN SF2364

Bill

Official Source

Status

Engrossed

3/29/2010

Primary Sponsor

Kathleen Sheran

Click for details

Origin

Senate

86th Legislature 2009-2010

AI Summary

  • Increases the revenue bond limit of the Minnesota Higher Education Facilities Authority from $950,000,000 to $1,300,000,000
  • Allows the authority to continue issuing notes, bond anticipation notes, and revenue refunding bonds under existing provisions in Minnesota Statutes sections 136A.25 to 136A.42
  • Permits bond proceeds to be used for acquiring, constructing, reconstructing, enlarging, remodeling, renovating, improving, furnishing, or equipping higher education projects
  • Takes effect the day following final enactment

Legislative Description

Higher education facilities authority revenue bond limit increase

Last Action

House: Senate file first reading, referred to Finance

3/29/2010

Committee Referrals

Finance2/8/2010

Full Bill Text

No bill text available