HF4255 (Legislative Session 94 (2025-2026))
Southwest Minnesota State University capital projects funding provided, bonds issued, and money appropriated.
Related bill: SF4471
AI Generated Summary
Purpose
This bill would provide funding to Southwest Minnesota State University by authorizing the state to issue bonds and use bond proceeds to pay for specific capital improvements on the university’s campus.
Main provisions
Subdivision 1: Appropriation
- Amount appropriated: 24,357,000 from the bond proceeds fund to the board of trustees of the Minnesota State Colleges and Universities for capital projects at Southwest Minnesota State University.
- Breakdown of projects:
- 15,157,000 for renovation of the Physical Education building, including:
- athletic locker room
- instructional and other space
- updates to mechanical systems and other infrastructure
- other improvements and betterments of a capital nature
- 8,000,000 for design, construction, furnishing, and equipping of an indoor sports and recreation dome to provide indoor athletic, wellness, and recreation space
- 1,200,000 for design, construction, furnishing, and equipping of the renovation of the Physical Education gymnasium
Subdivision 2: Bond sale
- The commissioner of management and budget shall sell and issue bonds of the state in an amount up to 24,357,000.
- The bond sale must follow Minnesota statutes 16A.631 to 16A.675 and the Minnesota Constitution, article XI, sections 4 to 7.
Significance and effects
- Purpose is to upgrade and expand athletic and recreation facilities at Southwest Minnesota State University, including the Physical Education building and gym, plus a new indoor dome.
- Financing is through bonds issued under existing state bonding rules; there are no changes to those statutes or the constitution proposed—just authorization to use bond proceeds for these projects.
Funding source and administration
- Funding comes from the bond proceeds fund.
- Bonds are to be issued under the existing framework for state bond sales (as described in the cited statutes and constitution).
Relevant Terms - Southwest Minnesota State University - capital investments / capital projects - bond proceeds fund - design, construct, furnish, equip - renovation - Physical Education building - athletic locker room - indoor sports and recreation dome - Physical Education gymnasium - bond sale / sale and issuance of bonds - commissioner of management and budget - Minnesota Statutes sections 16A.631 to 16A.675 - Minnesota Constitution article XI sections 4 to 7 - board of trustees of the Minnesota State Colleges and Universities
Bill text versions
- Introduction PDF PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 12, 2026 | House | Action | Introduction and first reading, referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [
"Bond sale authorization up to 24357000.",
"Appropriations of 24357000 total for specified capital projects at Southwest Minnesota State University (15157000 for renovation of the Physical Education building; 8000000 for an indoor sports and recreation dome; 1200000 for renovation of the Physical Education gymnasium)."
],
"removed": [],
"summary": "Authorizes the sale of state bonds and provides appropriations for Southwest Minnesota State University capital projects, relying on Minnesota Statutes sections 16A.631 to 16A.675 for bond issuance authority.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": ""
}
]Progress through the legislative process
In Committee