SF3056 (Legislative Session 94 (2025-2026))
Capital improvement bond issuance and appropriation
Related bill: HF2844
AI Generated Summary
Purpose of the Bill
The bill is designed to authorize capital investment in Minnesota through the issuance and sale of state bonds. The funds acquired are allocated for the acquisition, enhancement, and development of public land, buildings, and other improvements of a capital nature.
Main Provisions
- Appropriations and Project Funding: The bill appropriates funds to various state agencies for capital improvement projects, including state universities, colleges, natural resources, and public safety facilities, among others.
- Higher Education Support: Funding is provided to both the University of Minnesota and Minnesota State Colleges and Universities for asset preservation and replacement projects.
- Library Construction: The commissioner of education will receive funds for library construction grants across the state.
- Natural Resources and Environment: Funds are allocated for the preservation and betterment of state-owned facilities and recreational areas, as well as flood hazard mitigation and dam renovation projects.
- Pollution Control and Drinking Water Safety: The bill provides allocations for statewide drinking water contamination mitigation programs and assistance for reducing pollutants in water.
- Public Safety and Corrections: Funding is included for developing the Bureau of Criminal Apprehension regional offices and expanding correctional facilities.
- Housing and Historical Preservation: There are provisions for public housing preservation and historical site asset preservation projects.
- Economic Development: Grants are set for developing infrastructure in Greater Minnesota to support business and employment.
Significant Changes to Existing Law
- The bill amends multiple sections of the Minnesota Statutes to align with the new appropriations and capital improvements.
- It modifies existing programs and establishes new programs to oversee these projects.
- It repeals certain sections of the Minnesota Statutes that no longer align with current infrastructural and environmental priorities.
Bond Sale & Financial Management
- The commissioner of management and budget is authorized to sell and issue up to $790,000,000 in state bonds.
- The bill places a cap on the transfer from the general fund to service the state bond fund, ensuring fiscal responsibility.
Relevant Terms
- Capital Investment
- State Bonds
- Appropriations
- Asset Preservation
- Public Facilities
- Environmental Mitigation
- Higher Education Funding
- Infrastructure Development
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 26, 2025 | Senate | Floor | Action | Introduction and first reading | |
| March 26, 2025 | Senate | Floor | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [
"Allows for use of funds for staff costs directly attributed to capital projects."
],
"removed": [
""
],
"summary": "Amends the section related to the management of state funds for public land and building improvements.",
"modified": [
"Specifies accounting policies for state agency staff costs attribution."
]
},
"citation": "16A.501",
"subdivision": ""
},
{
"analysis": {
"added": [
"Clarifies responsibilities regarding state agency involvement in capital projects."
],
"removed": [
""
],
"summary": "This amendment clarifies the roles and responsibilities under section 16B.97, subdivision 1.",
"modified": [
"Updates language to better define existing responsibilities."
]
},
"citation": "16B.97",
"subdivision": "subdivision 1"
},
{
"analysis": {
"added": [
"Provides guidance on financial transactions related to capital appropriations."
],
"removed": [
""
],
"summary": "The amendment refines procedural requirements for financial management under existing capital projects.",
"modified": [
"Adjusts requirements for fund usage timing aligned with project completion."
]
},
"citation": "16B.98",
"subdivision": "subdivision 1"
},
{
"analysis": {
"added": [
"Includes new liabilities and financial responsibilities for state projects."
],
"removed": [
""
],
"summary": "This section amendment impacts environmental projects related to water resources.",
"modified": [
"Revises funding distribution criteria to prioritize urgent environmental needs."
]
},
"citation": "116.182",
"subdivision": "subdivision 5"
},
{
"analysis": {
"added": [
"New provisions for planning grants related to early childhood facilities."
],
"removed": [
""
],
"summary": "Amends this section to enhance the planning and evaluation of early childhood facilities improvements.",
"modified": [
"Adjusts eligibility criteria for facilities to receive funding."
]
},
"citation": "142A.46",
"subdivision": "subdivision 1"
},
{
"analysis": {
"added": [
"Increases alignment with federal grant requirements for state matching."
],
"removed": [
""
],
"summary": "Amends financial assistance provisions related to state and federal revolving funds.",
"modified": [
"Adjusts allocation priorities for infrastructure projects."
]
},
"citation": "446A.07",
"subdivision": "subdivision 8"
},
{
"analysis": {
"added": [
"Adds new qualifications for municipalities to receive funding."
],
"removed": [
""
],
"summary": "Updates the Water Infrastructure Funding program details per existing statutes.",
"modified": [
"Updates funding ceilings and priorities based on project impact."
]
},
"citation": "446A.072",
"subdivision": "subdivision 5a"
},
{
"analysis": {
"added": [
"Introduces new project eligibility criteria."
],
"removed": [
""
],
"summary": "Updates provisions for point source implementation grants under existing statutes.",
"modified": [
"Aligns grant priorities with state-wide environmental protection goals."
]
},
"citation": "446A.073",
"subdivision": "subdivision 1"
},
{
"analysis": {
"added": [
"Clarifies guidelines for funding distribution."
],
"removed": [
""
],
"summary": "Refines the scope of projects eligible for revolving fund support related to drinking water infrastructure.",
"modified": [
"Ensures consistency with newly adopted health standards."
]
},
"citation": "446A.081",
"subdivision": "subdivision 9"
},
{
"analysis": {
"added": [
"Expands allowed use of funds for preservation and conservation purposes."
],
"removed": [
""
],
"summary": "Modification impacts Natural Resources Asset Preservation activities.",
"modified": [
"Alters the priority-setting process for environmental projects."
]
},
"citation": "84.946",
"subdivision": ""
},
{
"analysis": {
"added": [
"New provisions address renewable energy integration in campus renovations."
],
"removed": [
""
],
"summary": "Relates to the higher education asset preservation and replacement fund usage.",
"modified": [
"Revises financial oversight responsibilities for funded projects."
]
},
"citation": "135A.046",
"subdivision": ""
},
{
"analysis": {
"added": [
"Incorporates guidelines for eco-friendly construction practices."
],
"removed": [
""
],
"summary": "Directive for asset preservation improvements across various state properties.",
"modified": [
"Enhances reporting protocols for completed projects."
]
},
"citation": "16B.307",
"subdivision": ""
},
{
"analysis": {
"added": [
"Details funding applicability for newly designated flood areas."
],
"removed": [
""
],
"summary": "Addresses flood hazard mitigation and related project funding.",
"modified": [
"Clarifies state and local matching fund requirements."
]
},
"citation": "103F.161",
"subdivision": ""
},
{
"analysis": {
"added": [
"Adds new clauses for exemptions related to public safety infrastructure."
],
"removed": [
""
],
"summary": "Clarifies rules on wetland replacement to align with state infrastructure projects.",
"modified": [
"Updates compliance protocols to enhance ecological outcomes."
]
},
"citation": "103G.222",
"subdivision": "subdivision 1"
}
]