HF2844
Spending to acquire and better public land and buildings and for other improvements of a capital nature with certain conditions authorized, new programs established and existing programs modified, bonds issued, and money appropriated.
Legislative Session 94 (2025-2026)
Related bill: SF3056
AI Generated Summary
Purpose of the Bill
The bill focuses on authorizing spending for capital investments in Minnesota, including acquiring and improving public lands and buildings, as well as establishing or modifying existing programs. It also involves the sale and issuance of state bonds to support these projects.
Main Provisions
- Capital Improvement Appropriations: Allocates funds for various projects including higher education, natural resources, public safety, health facilities, and infrastructure development such as rail crossings and wastewater systems.
- University and Colleges: Direct funding to the University of Minnesota and Minnesota State Colleges for asset preservation and infrastructure improvements.
- Natural Resources: Invest in the preservation and betterment of state-owned facilities, recreational assets, flood mitigation, and public lands enhancement.
- Public Safety: Development of regional offices and laboratories for the Bureau of Criminal Apprehension, along with security upgrades.
- Transportation: Funding for highway and port infrastructure improvements, including rail grade crossings.
- Water and Soil Resources: Grants for the replacement of wetlands and conservation programs.
Significant Changes to Existing Law
- Bond Authorization: The bill proposes the sale and issuance of bonds up to $790,000,000 to fund these improvements, providing a structured schedule for bond sales and managing state debt obligations.
- Program Modification: Updates to existing statutes include changes in asset management, infrastructure programs, and the inclusion of new capital improvement projects.
- Repeals: Certain sections in the Minnesota Statutes such as section 16A.662, and related provisions are repealed or modified to streamline processes and improve efficiency in capital investments.
Relevant Terms
- Capital Improvement
- State Bonds
- Higher Education Asset Preservation
- Natural Resources Asset Preservation
- Flood Mitigation
- Public Safety Infrastructure
- Public Lands Betterment
- University of Minnesota
- Minnesota State Colleges
- Bond Proceeds Fund
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 26, 2025 | House | Action | Introduction and first reading, referred to | Capital Investment | |
| Showing the 5 most recent stages. This bill has 1 stages in total. Log in to view all stages | |||||
Citations
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Progress through the legislative process
In Committee
Sponsors
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