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SF526 (Legislative Session 94 (2025-2026))

Chisholm public works maintenance facility bond issue and appropriation

Related bill: HF572

AI Generated Summary

Senate File No. 526 is a legislative bill introduced in Minnesota that aims to allocate $3,000,000 from bond proceeds for the construction of a new public works maintenance facility in the city of Chisholm. This funding will be managed by the commissioner of employment and economic development and is intended to cover all costs associated with designing, constructing, furnishing, and equipping the facility. Importantly, the bill specifies that this financial appropriation does not require any matching funds from non-state sources. To finance this project, the commissioner of management and budget will be authorized to sell and issue state bonds up to the amount of $3,000,000. These actions conform to the existing legal guidelines and constitutional provisions regarding state bonding and fiscal management in Minnesota.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
January 22, 2025SenateFloorActionIntroduction and first reading
January 22, 2025SenateFloorActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill relates to the sale and issuance of state bonds following the procedures outlined in sections 16A.631 to 16A.675.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill involves the issuance of state bonds as per the terms described in the Minnesota Constitution article XI sections 4 to 7.",
      "modified": []
    },
    "citation": "Minnesota Constitution article XI sections 4 to 7"
  }
]

Sponsors