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HF2664 (Legislative Session 94 (2025-2026))

Redpath impoundment flood hazard mitigation project funding provided, bonds issued, and money appropriated.

Related bill: SF3169

AI Generated Summary

Purpose of the Bill

The bill aims to secure funding for a flood hazard mitigation project known as the Redpath impoundment. It is designed to alleviate and prevent flood damage through capital improvements in the state of Minnesota.

Main Provisions

  • Appropriation of Funds: The bill allocates $13,700,000 from the bond proceeds fund to the Minnesota Commissioner of Natural Resources. These funds are intended for flood hazard mitigation grants primarily focusing on capital improvements for flood damage prevention.

  • Project Standards and Priorities: Levee projects under this appropriation are expected to be designed to withstand three feet above the 100-year flood elevation standard. The priorities for these projects will be determined by the commissioner based on need and other appropriate criteria.

  • Project Flexibility: If a specific project is not ready or cannot use the allocated funds, the commissioner can redirect these funds to other prioritized projects.

  • Local Funding Consideration: If the project costs exceed a specified percentage of the area's median household income multiplied by the number of households, this appropriation can be used to cover the local share of project costs.

Significant Changes to Existing Law

  • The bill authorizes the sale and issuance of state bonds not exceeding $13,700,000 to finance this project, following the procedures outlined in Minnesota Statutes and the state constitution.

Relevant Terms

flood hazard mitigation, capital improvements, bond proceeds fund, levee projects, Minnesota Commissioner of Natural Resources, Bois de Sioux Watershed District, project priorities, bond issuance.

Bill text versions

Past committee meetings

Actions

DateChamberWhereTypeNameCommittee Name
March 23, 2025HouseFloorActionIntroduction and first reading, referred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [
        "Includes funding for the Redpath impoundment project."
      ],
      "removed": [],
      "summary": "The bill appropriates funds specifically for flood hazard mitigation projects as outlined under Minnesota Statutes section 103F.161.",
      "modified": []
    },
    "citation": "103F.161",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "Allows for the sale of bonds up to $13,700,000 for funding the flood mitigation project."
      ],
      "removed": [],
      "summary": "The bill authorizes the sale and issuance of state bonds according to the procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]

Sponsors