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MN HF3964

Bill

Status

Introduced

4/25/2016

Primary Sponsor

Mike Sundin

Click for details

Origin

House of Representatives

89th Legislature 2015-2016

AI Summary

  • Appropriates $8,000,000 from the bond proceeds fund to the Board of Regents of the University of Minnesota for higher education asset preservation and replacement on the Duluth campus.

  • Authorizes the commissioner of management and budget to sell and issue state bonds up to $8,000,000 to provide the appropriated funds.

  • Bond issuance and terms governed by Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7.

  • Effective the day following final enactment.

Legislative Description

University of Minnesota, Duluth asset preservation and replacement work funding provided, bonds issued, and money appropriated.

Last Action

Introduction and first reading, referred to Higher Education Policy and Finance

4/25/2016

Committee Referrals

Higher Education Policy and Finance4/25/2016

Full Bill Text

No bill text available