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MN HF4913
Bill
Status
3/13/2024
Primary Sponsor
Dan Wolgamott
Click for details
AI Summary
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$500,000,000 appropriated from the bond proceeds fund to the Board of Regents of the University of Minnesota for Higher Education Asset Preservation and Replacement (HEAPR).
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Funds must be spent in accordance with Minnesota Statutes, section 135A.046.
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Commissioner of management and budget authorized to sell and issue state bonds up to $500,000,000 to provide the appropriated money.
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Bond issuance governed by Minnesota Statutes, sections 16A.631 to 16A.675, and Minnesota Constitution, article XI, sections 4 to 7.
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Effective the day following final enactment.
Legislative Description
University of Minnesota Higher Education Asset Preservation and Replacement funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Capital Investment
3/13/2024