SF373 (Legislative Session 94 (2025-2026))
State trails bond issue and appropriation
Related bill: HF1964
AI Generated Summary
The bill, SF No 373, involves a financial proposal for the maintenance of state trails in Minnesota. It allocates $9,600,000 from the state's bond proceeds fund to the Department of Natural Resources. This money will be used specifically for renovating paved state trails as prioritized by the Commissioner. Additionally, the bill authorizes the sale and issuing of state bonds up to the same amount, $9,600,000, to fund these renovations. The process for selling these bonds will follow the established statutes and regulations set forth by Minnesota law and the state constitution.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 20, 2025 | Senate | Floor | Action | Introduction and first reading | |
| January 20, 2025 | Senate | Floor | Action | Referred to | Capital Investment |
| March 12, 2025 | Senate | Floor | Action | Author added | |
| March 31, 2025 | Senate | Floor | Action | Author added |
Citations
[
{
"analysis": {
"added": [
"Specifies terms and effects for bond sales related to trail maintenance."
],
"removed": [],
"summary": "This bill references procedures related to the sale and issuance of state bonds as prescribed by Minnesota Statutes sections 16A.631 to 16A.675.",
"modified": []
},
"citation": "16A.631 to 16A.675"
}
]