Purpose of the Bill

This bill aims to provide financial support to the University of Minnesota for the implementation of its Health Sciences Strategic Plan. The plan targets addressing critical healthcare challenges in Minnesota.

Main Provisions

• The bill allocates a total of $90 million from the general fund to the University of Minnesota's Board of Regents.
• The funding is divided equally over two fiscal years: $45 million is allocated for fiscal year 2026 and another $45 million for fiscal year 2027.
• These funds are specifically designated to support the University's Health Sciences Strategic Plan.

Significant Changes

• This bill does not amend existing laws but introduces new appropriations to support strategic initiatives in higher education related to health sciences.

Relevant Terms

• Higher education funding
• University of Minnesota
• Health Sciences Strategic Plan
• Critical healthcare challenges
• Appropriations
• Fiscal years 2026 and 2027