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MN SF4586

Bill

Status

Introduced

5/7/2020

Primary Sponsor

Bill Weber

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Origin

Senate

91st Legislature 2019-2020

AI Summary

  • Extends the deadline for housing bond issuers to issue obligations from the standard 180 days to December 1, 2020, for allocations made between January 1, 2020, and the last Monday in June 2020
  • Overrides the requirement in Minnesota Statutes section 474A.061, subdivision 2a for allocations received during the specified timeframe
  • Allows issuers to issue obligations equal to all or a portion of their housing pool allocations under the extended timeline
  • Referred to the Capital Investment committee as of May 7, 2020

Legislative Description

Housing bond obligations deadline extension

Last Action

Referred to Capital Investment

5/7/2020

Committee Referrals

Capital Investment5/7/2020

Full Bill Text

No bill text available