HF1455

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 23, 2025	House	Floor	Action	Introduction and first reading, referred to	Capital Investment
February 23, 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": ""
  }
]