HF3250 Summary

• Appropriates $1.34 billion in state general obligation bonds for capital improvement projects across multiple state agencies and departments including higher education, natural resources, transportation, and human services.

• Authorizes the Housing Finance Agency to issue up to $80 million in additional housing infrastructure bonds to finance supportive housing, affordable rental housing, and community land trust projects.

• Extends the commissioner's authority to sell state bonds through negotiated sales rather than requiring competitive public sales.

• Establishes new programs including a public building accessibility grant program for local government units, an interdistrict integration magnet school (Crosswinds school), and authorizes various specific capital projects at universities, state colleges, and local governments statewide.

• Modifies previous capital appropriations, cancels certain bond authorizations and bond proceeds from prior years where projects are completed or abandoned, and adjusts debt service payment requirements for Minnesota State Colleges and Universities.