SF47 (Legislative Session 94 (2025-2026))

State grant program appropriation

AI Generated Summary

Senate File No. 47 is a bill proposing funding for the state higher education grant program in Minnesota. It outlines an appropriation of $316,430,000 for fiscal year 2026 and $344,211,000 for fiscal year 2027 from the general fund. The bill allows for any unused funds from one year to be available for use in the other year if necessary. The established baseline funding for this program will be $344,211,000 starting in fiscal year 2028 and will remain at this level for each subsequent year. The funds are allocated to be managed by the commissioner of the Office of Higher Education.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
January 15, 2025SenateFloorActionIntroduction and first reading
January 15, 2025SenateFloorActionReferred toHigher Education
January 20, 2025SenateFloorActionAuthor added
March 26, 2025SenateFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [
        "Appropriations specified for fiscal years 2026 and 2027."
      ],
      "removed": [],
      "summary": "This bill appropriates funds for the state grant program under section 136A.121.",
      "modified": [
        "Defines budget adjustments if funds are insufficient in specified fiscal years."
      ]
    },
    "citation": "136A.121"
  }
]