SF340

SF340 (Legislative Session 94 (2025-2026))

Butterfield public infrastructure bond issue and appropriation

Related bill: HF885

AI Generated Summary

This bill, SF No 340, proposed in the Minnesota Senate, allocates $16 million from the state's bond proceeds to the Public Facilities Authority. This money is intended for the City of Butterfield to help pay for the design, construction, and equipment needed to rehabilitate its wastewater treatment facility. Additionally, the funds will be used to reconstruct aging and deteriorating streets in Butterfield. To fund these projects, the bill authorizes the sale and issuing of state bonds up to the amount of $16 million, as governed by specific sections of the Minnesota Statutes and the Minnesota Constitution.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
January 20, 2025	House	Floor	Action	Introduction and first reading
January 20, 2025	Senate	Floor	Action	Introduction and first reading
January 20, 2025	House	Floor	Action	Referred to	Capital Investment
January 20, 2025	Senate	Floor	Action	Referred to	Capital Investment

Citations

[
  {
    "analysis": {
      "added": [
        "Authorization for issuance of state bonds to fund public infrastructure in Butterfield."
      ],
      "removed": [
        ""
      ],
      "summary": "The bill references the sale and issuance of bonds as prescribed under sections 16A.631 to 16A.675.",
      "modified": [
        ""
      ]
    },
    "citation": "16A.631",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "Procedures for administering the bond sale."
      ],
      "removed": [
        ""
      ],
      "summary": "The bill references the guided procedure for issuance and sale of bonds under sections 16A.631 to 16A.675.",
      "modified": [
        ""
      ]
    },
    "citation": "16A.675",
    "subdivision": ""
  }
]