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MN SF4512

Bill

Official Source

Status

Introduced

4/21/2022

Primary Sponsor

Kari Dziedzic

Click for details

Origin

Senate

92nd Legislature 2021-2022

AI Summary

  • Appropriates $400,000,000 from the bond proceeds fund to the Board of Regents of the University of Minnesota for Higher Education Asset Preservation and Replacement (HEAPR)
  • Funds must be spent in accordance with Minnesota Statutes, section 135A.046
  • Authorizes the commissioner of management and budget to sell and issue state bonds up to $400,000,000 to provide the appropriated funds
  • Bond sale and issuance 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

Higher Education Asset Preservation and Replacement at the University of Minnesota bond issue and appropriation

Last Action

Referred to Capital Investment

4/21/2022

Committee Referrals

Capital Investment4/21/2022

Full Bill Text

No bill text available