MN HF1141

Authorizes Minnesota Housing Finance Agency to issue up to $400,000,000 in additional housing infrastructure bonds beyond previously authorized amounts

Requires annual debt service transfers from the general fund to the housing infrastructure bond account each July 15, beginning in 2027 and continuing through 2048

Commissioner of Management and Budget must receive annual certification of actual debt service amounts from the agency for each bond series

Appropriates funds from the general fund to cover the debt service payments on the new bond authorization

Effective the day following final enactment