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SF3169 (Legislative Session 94 (2025-2026))

Redpath impoundment flood hazard mitigation project bond issue and appropriation

Related bill: HF2664

AI Generated Summary

Purpose of the Bill

The purpose of this legislative bill is to fund the Redpath impoundment flood hazard mitigation project in Minnesota. The bill aims to enhance infrastructure to prevent or mitigate flood damage through financial support from state bonds.

Main Provisions

  • Appropriation of Funds: The bill allocates $13,700,000 from the bond proceeds fund. This money is earmarked for the state's share of grants supporting publicly owned capital improvements designed to prevent or reduce flood damage.

  • Project Sponsorship and Execution: The Redpath impoundment project is specifically sponsored by the Bois de Sioux Watershed District. Projects included must aim to meet state standards for flood elevation where possible.

  • Determining Priorities: The commissioner of natural resources is tasked with determining project priorities based on need and readiness. If a project isn't ready or fully funded, the commissioner can reallocate funds to other prioritized projects.

  • Local Financial Considerations: The bill provides that if a project's cost surpasses two percent of the combined median household income of a locality, the appropriation can also cover the local share.

  • Bond Issuance: In order to provide the appropriated funds, the commissioner of management and budget is authorized to sell and issue state bonds up to the amount of $13,700,000, following the terms set out in Minnesota state law and constitution.

Significant Changes to Existing Law

The bill introduces a financial mechanism specifically for the Redpath impoundment project through the sale and issuance of state bonds, which is a crucial update to the way such projects can be funded. By reallocating unspent funds to other ready projects, the bill ensures efficient use of resources.

Relevant Terms

  • Flood hazard mitigation
  • Redpath impoundment project
  • Bois de Sioux Watershed District
  • State bonds
  • Publicly owned capital improvements
  • Commissioner of natural resources
  • Bond proceeds fund

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 31, 2025SenateFloorActionIntroduction and first reading
March 31, 2025SenateFloorActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [
        "Funding for Redpath impoundment project."
      ],
      "removed": [
        ""
      ],
      "summary": "This bill appropriates funds for flood hazard mitigation projects under section 103F.161.",
      "modified": [
        "Allows fund reallocation by the commissioner based on project readiness and priority."
      ]
    },
    "citation": "103F.161",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "Authorization for bond sale up to $13,700,000 for flood mitigation projects."
      ],
      "removed": [
        ""
      ],
      "summary": "This legislation authorizes the sale and issuance of bonds for capital projects.",
      "modified": [
        ""
      ]
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]

Sponsors