SF2933 (Legislative Session 94 (2025-2026))
Capital improvement appropriations provisions
Related bill: HF2485
AI Generated Summary
Purpose of the Bill
The purpose of this bill is to authorize capital investment in Minnesota by providing funding for acquiring and improving public lands, buildings, and other infrastructure projects. It aims to establish new programs, modify existing ones, adjust prior appropriations, and approve the sale and issuance of state bonds to finance these investments.
Main Provisions
- Capital Improvement Appropriations: Allocates funding from bond proceeds and other named funds to state agencies for capital improvements, as per constitutional authorization.
- Program Involvement: Sets conditions for project funding, including adherence to state laws for managing these finances and outlining grants to political subdivisions, with required local commitment.
- Specific Appropriations and Projects:
- Higher Education: Substantial funds are allocated for the University of Minnesota and Minnesota State Colleges for infrastructure preservation and replacement projects, including improvements at several campuses.
- Natural Resources: Includes funding for state parks, flood mitigation, and reforestation projects.
- Infrastructure Projects: Funding is allocated to bridge replacements, transportation, and water infrastructure.
- Public Safety and Education: Appropriations are provided for public safety facilities and educational infrastructure projects.
- Other Investments: Funds are directed to the Minnesota Zoo for a new animal hospital, as well as various environmental and economic development initiatives.
Significant Changes to Existing Law
- Modification of Existing Programs: The bill proposes changes to previous funding allocations and appropriations, updating the scope and conditions under which funds can be used.
- Revisions to Minnesota Statutes: Amends several sections of the Minnesota Statutes to create new laws and modify existing ones, particularly in chapters related to natural resources, public facilities, and infrastructure.
Bond Sales and Financial Management
- Bond Authorization: Approves the sale and issuance of state bonds to fund the appropriations, setting the terms for these financial activities per existing statutory guidelines.
- Debt Management: Establishes a bond sale schedule to manage the state’s debt obligations, ensuring financial sustainability and compliance with legal debt limits.
Relevant Terms
- Capital investment
- Bond proceeds
- Higher Education Asset Preservation (HEAPR)
- Infrastructure improvements
- Natural resources management
- Flood mitigation
- Transportation improvements
- Public safety facilities
- Economic development
- Minnesota Housing Finance Agency
- Public Facilities Authority
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 24, 2025 | Senate | Floor | Action | Introduction and first reading | |
| March 24, 2025 | Senate | Floor | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [
"Introduction of new funding structures for early childhood facilities."
],
"removed": [],
"summary": "The bill makes amendments related to early childhood learning facilities under section 142A.46.",
"modified": []
},
"citation": "142A.46",
"subdivision": "subdivision 1"
},
{
"analysis": {
"added": [
"Additional grant allocation criteria."
],
"removed": [],
"summary": "The legislation involves changes to the Metropolitan Cities Inflow and Infiltration Grants under section 473.5491.",
"modified": [
"Increases in funding limits and eligibility updates."
]
},
"citation": "473.5491",
"subdivision": "subdivisions 1, 2, 4"
},
{
"analysis": {
"added": [
"Provisions allowing extended availability of funds."
],
"removed": [],
"summary": "This bill modifies the fiscal constraints and authority under section 16A.642.",
"modified": []
},
"citation": "16A.642",
"subdivision": ""
},
{
"analysis": {
"added": [
"New capital improvement authorizations."
],
"removed": [],
"summary": "Amendments concerning asset preservation under section 16B.307 are included.",
"modified": []
},
"citation": "16B.307",
"subdivision": ""
},
{
"analysis": {
"added": [
"Additional appropriation for state resource management."
],
"removed": [],
"summary": "Funding for natural resources asset preservation is discussed under section 84.946.",
"modified": []
},
"citation": "84.946",
"subdivision": ""
},
{
"analysis": {
"added": [
"Increased budget for utilities and infrastructure improvement."
],
"removed": [],
"summary": "Changes to higher education asset preservation allocations under section 135A.046.",
"modified": []
},
"citation": "135A.046",
"subdivision": ""
},
{
"analysis": {
"added": [
"New funding allocations for city libraries."
],
"removed": [],
"summary": "Library construction grant allocations under section 134.45 are updated.",
"modified": []
},
"citation": "134.45",
"subdivision": ""
},
{
"analysis": {
"added": [
"New conditions for grant recipients."
],
"removed": [],
"summary": "Financial requirements for project commitments are revised under section 16A.502.",
"modified": []
},
"citation": "16A.502",
"subdivision": ""
},
{
"analysis": {
"added": [
"Expanded eligibility criteria for flood mitigation projects."
],
"removed": [],
"summary": "Flood hazard mitigation grants criteria are modified under section 103F.161.",
"modified": [
"Adjustment of prioritization for funding projects."
]
},
"citation": "103F.161",
"subdivision": ""
},
{
"analysis": {
"added": [
"Provisions for wetland replacement credits."
],
"removed": [],
"summary": "Amendments related to wetland projects under section 103G.222.",
"modified": []
},
"citation": "103G.222",
"subdivision": "subdivision 1"
},
{
"analysis": {
"added": [
"New funding allocations for public housing preservation."
],
"removed": [],
"summary": "The bill introduces housing rehabilitation-related changes under section 462A.202, subdivision 3a.",
"modified": []
},
"citation": "462A.202",
"subdivision": "subdivision 3a"
},
{
"analysis": {
"added": [
"Matching grants for historic preservation projects."
],
"removed": [],
"summary": "Local historic preservation grants under section 138.0525 are modified.",
"modified": []
},
"citation": "138.0525",
"subdivision": ""
}
]Progress through the legislative process
In Committee