HF2485 (Legislative Session 94 (2025-2026))
Capital investment spending authorized, bonds issued, and money appropriated.
Related bill: SF2933
AI Generated Summary
Purpose of the Bill
The primary aim of this bill is to authorize and manage the spending of funds for the acquisition, improvement, and enhancement of public lands, buildings, and other capital projects across Minnesota. It also involves modifications to existing programs and previous appropriations. Additionally, the bill covers the sale and issuance of state bonds to support these efforts.
Main Provisions
Capital Improvement Projects: The bill allocates funds for various statewide capital improvement projects. These projects include infrastructure upgrades at educational institutions, state academies, and public libraries.
University and Colleges Funding: Funds are designated for improvements at University of Minnesota campuses, including heating plant upgrades and safety improvements on pedestrian bridges, as well as similar investments at Minnesota State Colleges.
Natural Resources and Environment: Appropriations for natural resources cover maintenance of state-owned facilities, flood hazard mitigation, and community tree planting initiatives.
Public Safety and Infrastructure: Includes provisions for constructing and equipping public safety facilities and major transportation infrastructure projects such as bridge replacements and local road improvements.
Historical and Cultural Preservation: Funds are set aside for the preservation of historic sites and local government projects for maintaining heritage sites.
Housing and Community Development: Funding is directed toward public housing rehabilitation and infrastructure grants aimed at preserving affordable housing options.
Bond Issuance: The bill authorizes the sale of state bonds to finance the projects outlined and ensures debt service limits are maintained.
Significant Changes
Modifications to Appropriations: The bill changes existing funding levels and extends the duration for which funds can be used until projects are completed or abandoned.
New Legislative Codings: Proposes new codings within Minnesota's statutes to address the specified programs and initiatives.
Relevant Terms
capital investment, public land, state bonds, appropriations, University of Minnesota, Minnesota State Colleges and Universities, infrastructure, natural resources, public safety, historical preservation, public housing, transportation, state agencies, bond sale, debt service.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 16, 2025 | House | Floor | Action | Introduction and first reading, referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [
"New appropriation for facility construction."
],
"removed": [
""
],
"summary": "This bill modifies grant programs for early childhood learning facilities under section 142A.46.",
"modified": [
"Updates to funding distribution criteria."
]
},
"citation": "142A.46",
"subdivision": "subdivision 1"
},
{
"analysis": {
"added": [
"Additional funding for inflow and infiltration management."
],
"removed": [
""
],
"summary": "This legislation amends provisions regarding grants for municipal wastewater treatment facilities.",
"modified": [
"Adjusts compliance requirements with new environmental standards."
]
},
"citation": "473.5491",
"subdivision": "subdivisions 1, 2, 4"
},
{
"analysis": {
"added": [
"Procedures for asset fund allocation."
],
"removed": [
""
],
"summary": "This bill addresses the reallocation of unspent appropriations following project completion.",
"modified": [
"Timelines for notification adjusted."
]
},
"citation": "16A.642",
"subdivision": ""
},
{
"analysis": {
"added": [
"New projects for state facilities included."
],
"removed": [
""
],
"summary": "This act modifies capital asset preservation and replacement appropriations.",
"modified": [
"Alignment with updated environmental protocols."
]
},
"citation": "16B.307",
"subdivision": ""
},
{
"analysis": {
"added": [
"Additional funding for specific state park improvements."
],
"removed": [
""
],
"summary": "This bill covers amendments related to natural resource asset preservation.",
"modified": [
"Extended timelines for project completion."
]
},
"citation": "84.946",
"subdivision": ""
},
{
"analysis": {
"added": [
"Inclusion of new preservation projects at university campuses."
],
"removed": [
""
],
"summary": "This legislation amends higher education asset preservation and replacement programs.",
"modified": [
"Updates to eligibility criteria for project funding."
]
},
"citation": "135A.046",
"subdivision": ""
},
{
"analysis": {
"added": [
"Clarity on funds distribution post-project approval."
],
"removed": [
""
],
"summary": "This bill revises general provisions for grant availability contingent on project completion.",
"modified": [
"Project completion criteria updated."
]
},
"citation": "16A.502",
"subdivision": ""
},
{
"analysis": {
"added": [
"New criteria for grant application evaluation."
],
"removed": [
""
],
"summary": "This act relates to flood hazard mitigation grant program modifications.",
"modified": [
"Adjusted matching fund ratios for recipients."
]
},
"citation": "103F.161",
"subdivision": ""
},
{
"analysis": {
"added": [
"Incentives for wetland restoration included."
],
"removed": [
""
],
"summary": "This legislation addresses wetland replacement credit allocations.",
"modified": [
"Criteria for wetland impact assessment refined."
]
},
"citation": "103G.222",
"subdivision": "subdivision 1"
},
{
"analysis": {
"added": [
"New procedures for handling prepayment opportunities."
],
"removed": [
""
],
"summary": "This bill details bond management and prepayment statutes.",
"modified": [
"Adjustment of compliance obligations for bond transactions."
]
},
"citation": "475.67",
"subdivisions": "subdivisions 5 to 10 and 13"
}
]