HF2385
University of Minnesota funding provided to perform research in promising industry sectors, and money appropriated.
Legislative Session 94 (2025-2026)
Related bill: SF3108
AI Generated Summary
Purpose
Provide state funding to the University of Minnesota to support research in growing, high-potential industry sectors.
Main provisions
- Amounts: $40,000,000 from the general fund in fiscal year 2026 and another $40,000,000 in fiscal year 2027.
- Recipient: Board of Regents of the University of Minnesota.
- Purpose areas: Biomanufacturing, precision agriculture, hypersonics, and green energy and green iron industries.
- Goal: to advance innovation and new technologies within these sectors.
Intended outcomes
- Increase research activity and development in the specified industries.
- Help position Minnesota researchers and industry partners to accelerate technological advancements and potential economic impact.
Changes to existing law
- Establishes a new appropriation to fund University of Minnesota research in the listed sectors. The excerpt does not specify other statutory changes beyond allocating this funding.
Relevant Terms
- appropriation
- general fund
- Board of Regents
- University of Minnesota
- biomanufacturing
- precision agriculture
- hypersonics
- green energy
- green iron
- innovation
- research funding
- fiscal year 2026
- fiscal year 2027
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 17, 2025 | House | Action | Introduction and first reading, referred to | Higher Education Finance and Policy |
Bill information comes from public records published by the Office of the Revisor of Statutes, the Minnesota House and the Minnesota Senate. AI summaries are written by MinneSlate and are not official. MinneSlate is independent and is not affiliated with the State of Minnesota or the Minnesota Legislature.
Progress through the legislative process
In Committee