HF1455 (Legislative Session 94 (2025-2026))
Minnesota River Basin Area II flood hazard mitigation funding provided, bonds issued, and money appropriated.
Related bill: SF904
AI Generated Summary
This bill appropriates $1,500,000 from the bond proceeds fund to the Minnesota Board of Water and Soil Resources for a grant to Minnesota River Basin Projects. The grant will be used for flood hazard mitigation efforts in Area II of the Minnesota River Basin, to support capital improvements that prevent or reduce flood damage. The funds will only be available once a matching amount of $1 for every $3 of state grant money has been secured from non-state sources. To finance this appropriation, the commissioner of management and budget is authorized to sell and issue up to $1,500,000 in state bonds following Minnesota statutes and constitutional provisions.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 23, 2025 | House | Floor | Action | Introduction and first reading, referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [
"Provision relating to new bond amount for flood hazard mitigation."
],
"removed": [],
"summary": "This bill authorizes the sale and issuance of state bonds as prescribed by section 16A.631.",
"modified": []
},
"citation": "16A.631"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill involves procedures and terms related to bond issuance as outlined in section 16A.675.",
"modified": []
},
"citation": "16A.675"
}
]