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MN SF2170
Bill
Status
3/3/2014
Primary Sponsor
LeRoy Stumpf
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AI Summary
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Appropriates $100,000,000 from the bond proceeds fund to the Board of Regents of the University of Minnesota for higher education asset preservation and replacement (HEAPR) purposes.
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Authorizes the Commissioner of Management and Budget to sell and issue state bonds up to $100,000,000 to provide the appropriated funds.
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Bond issuance conducted under Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7.
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Funds must be spent in accordance with Minnesota Statutes, section 135A.046.
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Effective the day following final enactment.
Legislative Description
University of Minnesota (U of M) higher education asset preservation and replacement (HEAPR) bond issue and appropriation
Last Action
Comm report: To pass and re-referred to Capital Investment
5/2/2014