SF516 (Legislative Session 94 (2025-2026))
University of Minnesota-Duluth Academic Health Center facility bond issue and appropriation
Related bill: HF1508
AI Generated Summary
The bill (SF No 516) proposes to allocate $15,000,000 from the state's bond proceeds fund to the University of Minnesota-Duluth. This money is intended for the initial design and planning stages of a new Academic Health Center facility, which will house the Duluth College of Pharmacy and Medical School in downtown Duluth's emerging Medical District. To finance this appropriation, the bill authorizes the state’s commissioner of management and budget to issue and sell bonds up to the amount of $15,000,000, as governed by certain statutes and constitutional provisions.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 22, 2025 | Senate | Floor | Action | Introduction and first reading | |
| January 22, 2025 | Senate | Floor | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [
"Authorization for bond sale to fund the project."
],
"removed": [],
"summary": "The bill involves the sale and issuance of state bonds to fund the Academic Health Center facility for the University of Minnesota-Duluth.",
"modified": []
},
"citation": "16A.631 to 16A.675"
}
]