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MN HF3909
Bill
Status
2/19/2024
Primary Sponsor
John Petersburg
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AI Summary
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Appropriates $9,000,000 from the bond proceeds fund to the commissioner of transportation for deposit in the hangar construction revolving account under Minnesota Statutes section 360.305, subdivision 4.
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Authorizes the commissioner of management and budget to sell and issue state bonds up to $9,000,000 to provide the appropriated funds.
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Bond issuance follows procedures prescribed by Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7.
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Takes effect the day following final enactment.
Legislative Description
Hangar construction revolving account deposit funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Capital Investment
2/19/2024