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SF3455 (Legislative Session 94 (2025-2026))

Science Museum of Minnesota bond issue and appropriation

AI Generated Summary

Purpose of the Bill

The purpose of this bill is to allocate funds for the renovation of the Science Museum of Minnesota located in St. Paul.

Main Provisions

  • Appropriation of Funds: The bill proposes to appropriate $25,000,000 for the renovation project of the Science Museum of Minnesota. These funds are meant to cover the predesign, design, construction, furnishing, and equipping necessary for the renovation.
  • Source of Funds: The funding is to be drawn from the bond proceeds fund. This involves selling and issuing state bonds to raise the required amount.

Significant Changes

  • Bond Issuance: The bill includes provisions for the commissioner of management and budget to issue bonds amounting to $25,000,000. This is to ensure that the necessary funds are available for the renovation project as outlined.

Relevant Terms

  • Appropriation
  • Bond proceeds fund
  • State bonds
  • Science Museum renovation
  • St. Paul

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
April 28, 2025SenateFloorActionIntroduction and first reading
April 28, 2025SenateFloorActionIntroduction and first reading
April 28, 2025SenateFloorActionReferred toCapital Investment
April 29, 2025SenateFloorActionAuthor added
April 29, 2025SenateFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The appropriation for the Science Museum of Minnesota is subject to restrictions outlined in section 16A.695 regarding the use of bond proceeds.",
      "modified": []
    },
    "citation": "16A.695",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bond sale and issuance for funding are governed by sections 16A.631 to 16A.675, which describe the procedures for state bond sales.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]

Sponsors