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MN SF2096
Bill
Status
Introduced
2/27/2012
Primary Sponsor
Keith Langseth
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AI Summary
- Appropriates $20,000,000 from the bond proceeds fund to the commissioner of natural resources for flood hazard mitigation grants in Moorhead
- Funds are designated for publicly owned capital improvements, flood mitigation infrastructure, and property acquisition to prevent or alleviate flood damage under Minnesota Statutes section 103F.161
- Allows all local flood-related activities in Moorhead subsequent to April 2009 to count toward the nonstate match requirement
- Covers the local share of project costs to the extent they exceed two percent of median household income multiplied by the number of households in Moorhead
- Authorizes the commissioner of management and budget to sell and issue state bonds up to $20,000,000 to fund the appropriation
Legislative Description
Moorhead flood damage reduction and hazard mitigation grants bond issue and appropriation
Last Action
Referred to Capital Investment
2/27/2012
Committee Referrals
Capital Investment2/27/2012
Full Bill Text
No bill text available