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MN HF3806
Bill
Status
2/26/2026
Primary Sponsor
Michael Howard
Click for details
AI Summary
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Authorizes the Minnesota Housing Finance Agency to issue up to $200,000,000 in additional housing infrastructure bonds beyond previously authorized amounts
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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
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Requires the agency to certify annually to the commissioner of management and budget the actual debt service amount on each bond series
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Appropriates funds from the general fund to cover the debt service payments on the new bond authorization
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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