HF3144 Summary

• Appropriates $22,000,000 from bond proceeds to the University of Minnesota Board of Regents for predesign, design, renovation, furnishing, and equipping of Pillsbury Hall on the Minneapolis campus

• State funding covers two-thirds of the project cost, with the remaining one-third to be funded by the University of Minnesota

• Commissioner of Management and Budget authorized to sell and issue state bonds up to $22,000,000 to provide the appropriated funds

• Bonds issued according to Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7

• Effective the day following final enactment