HF502 (Legislative Session 94 (2025-2026))
Olmsted County; materials recovery facility funding provided, bonds issued, and money appropriated.
Related bill: SF332
AI Generated Summary
The legislative bill H.F. No. 502 is requesting $19,375,000 in bonds to fund the construction of a materials recovery facility in Olmsted County, Minnesota. This money will be used to design, construct, furnish, and equip the facility. The funding will come from selling state bonds. The bill has been sent to the Committee on Capital Investment for further discussion and approval.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 12, 2025 | House | Floor | Action | Introduction and first reading, referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [
"Specifies the condition under which bond proceeds can be made available."
],
"summary": "This bill references the requirements under section 16A.502 for determining sufficient resources being committed to complete the project.",
"modified": [
"Clarifies the management and budget commissioner’s role in resource determination."
]
},
"citation": "16A.502"
},
{
"analysis": {
"added": [
"Authorizes the sale and issuance of state bonds for financing the project."
],
"summary": "The bill prescribes the sale and issuance of bonds in the manner outlined in sections 16A.631 to 16A.675.",
"modified": [
"Details the procedures and terms for bond issuance as per existing statutes."
]
},
"citation": "16A.631 to 16A.675"
}
]