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SF1263 (Legislative Session 94 (2025-2026))

University of Minnesota bond issue and appropriation for capital improvements in Mower County for the FAARM program

Related bill: HF1178

AI Generated Summary

The bill, S.F. No. 1263, proposes that Minnesota's state legislature authorizes the allocation of $20,000,000 in state bonds to fund capital improvements at the University of Minnesota specifically for the FAARM program in Mower County. This funding is aimed at setting up new facilities related to education, research in agriculture, housing for animals, equipment storage, and other support structures necessary to advance agricultural research. The University of Minnesota will also contribute funds to cover about one-third of the costs for these improvements, while the proposed state funds will cover approximately two-thirds. The process includes acquiring land, preparing the site, and completing initial constructions for the project.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 12, 2025SenateFloorActionIntroduction and first reading
February 12, 2025SenateFloorActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [
        "Specific provision for bond sale up to $20,000,000 for the FAARM project."
      ],
      "removed": [
        "No changes or removals indicated in this bill for sections 16A.631 to 16A.675."
      ],
      "summary": "This bill relates to the authorization of the sale and issuance of state bonds as governed by sections 16A.631 to 16A.675.",
      "modified": [
        "No modifications made to the process outlined in sections 16A.631 to 16A.675."
      ]
    },
    "citation": "16A.631 to 16A.675"
  }
]

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