Purpose

• Provide funding to the University of Minnesota for its ongoing operations and maintenance.

Main Provisions

• Appropriations: The bill allocates 796,544,000 dollars in fiscal year 2026 and 796,544,000 dollars in fiscal year 2027 from the general fund.
• Recipient: Board of Regents of the University of Minnesota.
• Use: For the University of Minnesota’s operations and maintenance.
• Legislative process: The bill was read for the first time and referred to the Committee on Higher Education Finance and Policy.

Changes to Existing Law

• No explicit changes to existing law are described in the excerpt. The bill authorizes annual funding to the University of Minnesota for operations and maintenance rather than altering statutes.

Fiscal Impact (Summary)

• The general fund would provide approximately 796.5 million dollars per year to the University of Minnesota for operations and maintenance in both FY2026 and FY2027.

Status/Process

• Status: Introduced and referred to the Committee on Higher Education Finance and Policy.

Context

• This measure is part of Minnesota’s higher education funding process, aimed at sustaining university operations through targeted appropriations.

Relevant Terms - appropriation - general fund - Board of Regents - University of Minnesota - operations and maintenance - fiscal year 2026 - fiscal year 2027 - higher education - Committee on Higher Education Finance and Policy