Loading chat...

MN HF4913

Bill

Status

Introduced

3/13/2024

Primary Sponsor

Dan Wolgamott

Click for details

Origin

House of Representatives

93rd Legislature 2023-2024

AI Summary

  • $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).

  • Funds must be spent in accordance with Minnesota Statutes, section 135A.046.

  • Commissioner of management and budget authorized to sell and issue state bonds up to $500,000,000 to provide the appropriated money.

  • Bond 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

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

Committee Referrals

Capital Investment3/13/2024

Full Bill Text

No bill text available