HF2486 (Legislative Session 94 (2025-2026))
Early childhood learning and child protection facilities funding provided, bonds issued, and money appropriated.
Related bill: SF2802
AI Generated Summary
Purpose of the Bill
The bill aims to improve infrastructure for early childhood education and child protection in Minnesota. It seeks to provide financial resources for the development and enhancement of necessary facilities.
Main Provisions
Funding Allocation: The bill allocates $3,000,000 from a bond proceeds fund to the Minnesota Department of Human Services. This money will be used to provide grants.
Facility Development: The funds are designated for various stages of creating early childhood learning facilities. This includes:
- Planning
- Designing
- Constructing
- Renovating
- Furnishing
- Equipping
Bond Issuance: To gather the required funds, the bill authorizes the state to sell and issue bonds. The commissioner of management and budget will oversee the selling of these bonds. The total amount of bonds issued will not exceed $3,000,000.
Significant Changes to Existing Law
No specific changes to existing law are directly mentioned. This bill builds on existing legislations related to the governance of issuing state bonds and allocation of funds to facilities.
Relevant Terms
- Capital investment
- Early childhood learning
- Child protection facilities
- State bonds
- Bond proceeds fund
Upcoming committee meetings
- Capital Investment on: May 06, 2025 10:15
- Capital Investment on: May 06, 2025 10:15
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 16, 2025 | House | Floor | Action | Introduction and first reading, referred to | Capital Investment |
March 19, 2025 | House | Floor | Action | Author added | |
March 23, 2025 | House | Floor | Action | Authors added |