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MN HF4111
Bill
Status
2/22/2024
Primary Sponsor
Luke Frederick
Click for details
AI Summary
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Increases maximum grant amounts under the water infrastructure funding program from $5,000,000 to $10,000,000 per project or $20,000 per existing connection for USDA/RECD funded projects and clean water/drinking water revolving fund loans.
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Increases maximum grant limit for the point source implementation grants program from $7,000,000 to $12,000,000 to cover 80 percent of water infrastructure project costs required by federal Clean Water Act mandates and state water quality standards.
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Appropriates $299,000,000 in general obligation bond proceeds to the Public Facilities Authority for clean water projects, including $39,000,000 for revolving loan fund matching, $130,000,000 for water infrastructure grants, and $130,000,000 for point source implementation grants.
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Authorizes the commissioner of management and budget to sell and issue up to $299,000,000 in state bonds to fund the appropriations, effective the day following final enactment.
Legislative Description
Water infrastructure funding program changes made, point source implementation grant program changes made, clean water funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Capital Investment
2/22/2024