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MN SF5086
Bill
Status
3/20/2024
Primary Sponsor
Ann Rest
Click for details
AI Summary
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$500,000,000 is 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 is authorized to sell and issue state bonds up to $500,000,000 to provide the appropriated funds
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Bond sale and 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
Higher Education Asset Preservation and Replacement (HEAPR) at the University of Minnesota bond issuance and appropriation
Last Action
Referred to Capital Investment
3/20/2024