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MN HF3806

Bill

Status

Introduced

2/26/2026

Primary Sponsor

Michael Howard

Click for details

Origin

House of Representatives

94th Legislature 2025-2026

AI Summary

  • Authorizes the Minnesota Housing Finance Agency to issue up to $200,000,000 in additional housing infrastructure bonds beyond previously authorized amounts

  • Establishes annual debt service transfers from the general fund to the housing infrastructure bond account each July 15, beginning in 2028 and continuing through 2049

  • Requires the agency to certify annually to the commissioner of management and budget the actual debt service amount on each bond series

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

  • Takes effect the day following final enactment

Legislative Description

Issuance of housing infrastructure bonds authorized, and money appropriated.

Last Action

Author added Rehrauer

3/12/2026

Committee Referrals

Housing Finance and Policy2/26/2026

Full Bill Text

No bill text available