HF1455 (Legislative Session 94 (2025-2026))
Minnesota River Basin Area II flood hazard mitigation funding provided, bonds issued, and money appropriated.
Related bill: SF904
AI Generated Summary
This bill appropriates $1,500,000 from the bond proceeds fund to the Minnesota Board of Water and Soil Resources for a grant to Minnesota River Basin Projects. The funds will be used for flood hazard mitigation efforts in Area II of the Minnesota River Basin. The appropriation requires a matching contribution from non-state sources at a ratio of $1 for every $3 of state grant money.
To finance this appropriation, the bill authorizes the sale and issuance of state bonds totaling up to $1,500,000, following the provisions of Minnesota Statutes and the state constitution.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 24, 2025 | House | Floor | Action | Introduction and first reading, referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This section allows for the sale and issuance of state bonds.",
"modified": []
},
"citation": "16A.631",
"subdivision": ""
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This section determines the manner and terms of state bond issuance.",
"modified": []
},
"citation": "16A.675",
"subdivision": ""
}
]Progress through the legislative process
In Committee