HF1443 (Legislative Session 94 (2025-2026))

Maximum bonded indebtedness allowed for the State Armory Building Commission increased.

Related bill: SF1704

AI Generated Summary

This bill proposes an amendment to Minnesota Statutes 2024, Section 193.143, which governs the powers of the Minnesota State Armory Building Commission. The primary change in the bill is an increase in the maximum allowable bonded indebtedness of the commission from $15,000,000 to $45,000,000. The bill maintains the commission's authority to acquire property, construct and equip new armories, enter into contracts, borrow money, issue bonds, and collaborate with federal and state entities. Other provisions remain largely unchanged, ensuring that funds are used responsibly for armory-related purposes, including maintenance, debt service, and improvements.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 19, 2025SenateFloorActionReceived from House
February 23, 2025HouseFloorActionIntroduction and first reading, referred toVeterans and Military Affairs Division
March 19, 2025SenateFloorActionIntroduction and first reading
March 05, 2025HouseFloorActionCommittee report, to adopt
March 19, 2025SenateFloorActionReferred toAgriculture, Veterans, Broadband, and Rural Development
March 05, 2025HouseFloorActionSecond reading
March 16, 2025HouseFloorActionHouse rule 1.21, placed on Calendar for the Day
March 16, 2025HouseFloorActionThird reading
March 16, 2025HouseFloorActionBill was passed
March 19, 2025HouseFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [
        "Increases the maximum bonded indebtedness allowed from $15,000,000 to $45,000,000."
      ],
      "removed": [],
      "summary": "The bill amends Minnesota Statutes section 193.143, which pertains to the powers of the State Armory Building Commission.",
      "modified": [
        "Clarification of legal language regarding the commission's powers and procedures."
      ]
    },
    "citation": "193.143"
  }
]