This bill, S.F. No. 2362, proposes funding for the operations and maintenance of the University of Minnesota. It appropriates $911,544,000 from the state's general fund for each of the fiscal years 2026 and 2027. The allocated funds include:

1. $45,000,000 per year to support the University of Minnesota's Health Sciences Strategic Plan and to address critical health care challenges in Minnesota.
2. $40,000,000 per year to promote innovation and new technologies in biomanufacturing, precision agriculture, hypersonics, green energy, and green iron industries.
3. $30,000,000 per year to enhance and expand programs and services aimed at improving student success.

The funds will be managed by the Board of Regents of the University of Minnesota to support these initiatives.