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MN HF2844
Bill
Status
3/26/2025
Primary Sponsor
Mary Franson
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AI Summary
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Authorizes $790,000,000 in state general obligation bonds for capital improvements across state agencies, with debt service payments capped at $1,228,858,000 for the biennium ending June 30, 2027
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Appropriates $102,994,000 each to the University of Minnesota and Minnesota State Colleges and Universities for Higher Education Asset Preservation and Replacement (HEAPR)
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Provides $123,544,000 for Department of Corrections facilities, including $65,574,000 for statewide asset preservation and $57,970,000 for a Rush City Correctional Facility building addition
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Allocates $99,012,000 to the Public Facilities Authority for water infrastructure, including $39,000,000 to match federal revolving loan grants, $23,485,000 for the water infrastructure funding program, and $18,000,000 for emerging contaminants grants
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Establishes new programs including a statewide drinking water contamination mitigation program, an emerging contaminants grant program for municipalities, and a state building renewable energy, storage, and electric vehicle account to capture federal clean energy tax credits
Legislative Description
Spending to acquire and better public land and buildings and for other improvements of a capital nature with certain conditions authorized, new programs established and existing programs modified, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Capital Investment
3/26/2025