SF904 (Legislative Session 94 (2025-2026))
Minnesota River Basin Area II flood hazard mitigation bond issue and appropriation
Related bill: HF1455
AI Generated Summary
This bill proposes to allocate $1,500,000 in state bonds to fund flood hazard mitigation projects in Area II of the Minnesota River Basin. This funding will be managed by the Board of Water and Soil Resources and is part of a larger effort requiring matching funds from non-state sources at a rate of $1 for every $3 of state grant. The money will be raised through the issuance of state bonds, as outlined by specific Minnesota statutes. This initiative is aimed at preventing or reducing flood damage in this specific area of the Minnesota River Basin.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 02, 2025 | Senate | Floor | Action | Introduction and first reading | |
| February 02, 2025 | Senate | Floor | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [
"Specifications on the financial management of bond proceeds for flood mitigation."
],
"removed": [],
"summary": "This bill authorizes bond sales for flood mitigation, referring to statutory guidelines set out in sections 16A.631 to 16A.675.",
"modified": []
},
"citation": "16A.631 to 16A.675"
}
]