HF1537 (Legislative Session 94 (2025-2026))
Port development assistance program funding provided, bonds issued, and money appropriated.
Related bill: SF1134
AI Generated Summary
This bill proposes an appropriation of $44,000,000 from the bond proceeds fund to the Minnesota Commissioner of Transportation for the Port Development Assistance Program under Minnesota Statutes, Chapter 457A. The funds will be used for port infrastructure improvements, which must remain publicly owned. To finance this appropriation, the Minnesota Commissioner of Management and Budget is authorized to sell and issue state bonds up to the same amount in accordance with state laws and the Minnesota Constitution. The bill has been referred to the Committee on Capital Investment for further consideration.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 25, 2025 | House | Floor | Action | Introduction and first reading, referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill references the legal procedures for the sale and issuance of state bonds as prescribed in sections 16A.631 to 16A.675.",
"modified": []
},
"citation": "16A.631 to 16A.675"
}
]