HF1443

HF1443 (Legislative Session 94 (2025-2026))

Maximum bonded indebtedness allowed for the State Armory Building Commission increased.

Related bill: SF1704

AI Generated Summary

This bill proposes an amendment to Minnesota Statutes 2024, Section 193.143, to increase the maximum bonded indebtedness allowed for the State Armory Building Commission from $15,000,000 to $45,000,000.

Key Provisions:

The State Armory Building Commission has various powers, including acquiring property, constructing armories, managing funds, and entering contracts.
The amendment raises the borrowing limit, allowing the Commission to issue more bonds to finance armory projects.
Other provisions outline the Commission’s responsibilities, such as receiving and using federal funds, employing necessary personnel, and managing financial transfers between armory accounts.

Purpose:

By increasing the bonded indebtedness limit, the State Armory Building Commission will have greater financial capacity to construct, equip, and maintain armories in Minnesota, ensuring better facilities for the state's military forces.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
March 19, 2025	Senate	Floor	Action	Received from House
February 23, 2025	House	Floor	Action	Introduction and first reading, referred to	Veterans and Military Affairs Division
February 23, 2025	House	Floor	Action	Introduction and first reading, referred to	Veterans and Military Affairs Division
March 19, 2025	Senate	Floor	Action	Introduction and first reading
March 05, 2025	House	Floor	Action	Committee report, to adopt
March 19, 2025	Senate	Floor	Action	Referred to	Agriculture, Veterans, Broadband, and Rural Development
March 05, 2025	House	Floor	Action	Second reading
March 16, 2025	House	Floor	Action	House rule 1.21, placed on Calendar for the Day
March 16, 2025	House	Floor	Action	Third reading
March 16, 2025	House	Floor	Action	Bill was passed
March 19, 2025	House	Floor	Action	Author added

Citations

[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill modifies the maximum bonded indebtedness allowed for the State Armory Building Commission under section 193.143.",
      "modified": [
        "Increases the total bonded indebtedness limit from $15,000,000 to $45,000,000."
      ]
    },
    "citation": "193.143",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill references the manner provided by chapter 117 for condemnation proceedings.",
      "modified": []
    },
    "citation": "117",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill references sections 193.141 to 193.149 for powers, conditions, and limitations of the State Armory Building Commission.",
      "modified": []
    },
    "citation": "193.141",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill references the creation of the Minnesota State Armory Building Commission under section 193.142.",
      "modified": []
    },
    "citation": "193.142",
    "subdivision": ""
  }
]