SF3718
Minnesota State University, Mankato improvements bond issue and appropriation
Legislative Session 94 (2025-2026)
Related bill: HF3633
AI Generated Summary
Purpose
To provide funding for improvements at Minnesota State University Mankato by demolishing Armstrong Hall and building a new academic building, plus renovating other campus facilities to house programs and support functions that are currently in Armstrong Hall.
Main Provisions
- Appropriation: 96,900,000 from the bond proceeds fund is appropriated to the Board of Trustees of the Minnesota State Colleges and Universities. The money will be used for:
- Demolition and removal of Armstrong Hall.
- Designing, constructing, furnishing, and equipping a new academic building to replace Armstrong Hall.
- Renovating, furnishing, and equipping space in other campus facilities to accommodate the academic programs and support functions currently housed in Armstrong Hall.
- Bond sale: The commissioner of management and budget must sell and issue bonds of the state up to 96,900,000 in the manner and on terms set by Minnesota law and the state constitution.
Funding and Financing
- The funds come from the bond proceeds fund.
- Bonds are issued under the standard state bonding process and rules, including referenced statutes and constitutional requirements.
Implementation and Oversight
- The Board of Trustees of the Minnesota State Colleges and Universities is the recipient of the appropriation and will oversee the project.
- A portion of the funds will be used for demolition/removal of Armstrong Hall, construction of a new building, and renovation of other facilities to accommodate programs and functions previously in Armstrong Hall.
Relationship to Existing Law
- The bond issuance and appropriation are authorized under specified state laws and constitutional provisions:
- Minnesota Statutes sections 16A.631 to 16A.675
- Minnesota Constitution, Article XI, sections 4 to 7
Significant Changes to Existing Law
- No changes to existing law are proposed. The bill authorizes a specific appropriation and the issuance of bonds to fund the described project.
Relevant Terms - Armstrong Hall - Minnesota State University Mankato - appropriation - bond proceeds fund - design, construct, furnish, and equip - new academic building - renovate, furnish, and equip - academic programs - support functions - Board of Trustees of the Minnesota State Colleges and Universities - demolition and removal - bond sale / bonds - commissioner of management and budget - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI 4-7 - capital investment
Bill text versions
- Introduction PDF PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 19, 2026 | Senate | Action | Introduction and first reading | ||
| February 19, 2026 | Senate | Action | Referred to | Capital Investment | |
| March 17, 2026 | Senate | Action | Author added |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill cites Minnesota Statutes sections 16A.631 to 16A.675 as the authority governing the sale and issuance of state bonds for the appropriation.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": ""
}
]