SF4664 (Legislative Session 94 (2025-2026))

Mankato Regional Airport air traffic control town appropriation and bond issuance authorization

Related bill: HF4486

AI Generated Summary

Purpose

Provide state funding through bonds to support a new air traffic control tower at the Mankato Regional Airport. The bill would grant money to the city of Mankato for planning, building, and equipping the tower, improving airport operations and safety.

Main Provisions

  • Appropriation: 1,265,000 is appropriated from the bond proceeds fund to the commissioner of transportation to grant the city of Mankato for designing, constructing, furnishing, and equipping an air traffic control tower facility at the Mankato Regional Airport.
  • Bond sale authorization: The commissioner of management and budget must sell and issue state bonds up to 1,265,000 to fund the appropriation. This issuance follows the terms and effects of Minnesota statute chapters 16A.631 to 16A.675 and the Minnesota Constitution, Article XI, sections 4 to 7.

Funding and Financial Details

  • Source of funds: bond proceeds fund.
  • Financing method: state bonds (debt issuance) to cover the appropriation.

Implementing Agencies and Roles

  • Commissioner of Transportation: administer the grant to the City of Mankato for the tower project.
  • City of Mankato: recipient of the grant to design, construct, furnish, and equip the tower.
  • Commissioner of Management and Budget: responsible for issuing the state bonds to raise the funds.

Significance and Impact

  • This bill aims to enhance aviation infrastructure at a regional airport by adding an air traffic control tower, potentially improving air safety, traffic management, and regional economic activity connected to the airport.

Significant Changes to Law

  • Establishes a new capital investment appropriation specifically for the Mankato Regional Airport tower project.
  • Authorizes the issuance of state bonds to fund this appropriation, subject to the existing bond issuance statutes and constitutional provisions.

Relevant terms - appropriation - bond proceeds fund - grant - city of Mankato - air traffic control tower - Mankato Regional Airport - design, construct, furnish, and equip - bond sale / bonds - Commissioner of Transportation - Commissioner of Management and Budget - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI, sections 4 to 7 - capital investment

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 23, 2026SenateActionIntroduction and first reading
March 23, 2026SenateActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This act references Minnesota Statutes sections 16A.631 to 16A.675 to govern the sale and issuance of state bonds, in connection with funding an air traffic control tower project for the Mankato Regional Airport (bond proceeds).",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee
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