SF332 (Legislative Session 94 (2025-2026))

Olmsted County materials recovery facility bond issue and appropriation

Related bill: HF502

AI Generated Summary

Purpose

This bill would fund a new recycling-related project in Olmsted County by providing state money and borrowing authority to pay for the work.

Main Provisions

  • Appropriation of funds: The bill allocates $19,375,000 from the bond proceeds fund to the Pollution Control Agency to grant Olmsted County money to design, construct, furnish, and equip a materials recovery facility in Olmsted County.
  • Availability condition: The money can be used only after the Commissioner of the Management and Budget determines that sufficient resources have been committed to complete the project as required by state law.
  • Bond financing: The state would sell and issue bonds up to $19,375,000 to provide the money for this appropriation. The bond process would follow the specified state laws and the Minnesota Constitution.

What the Bill Seeks to Accomplish

  • Create or fund a materials recovery facility in Olmsted County to support recycling and waste processing.
  • Use state financing (bond proceeds) to support local infrastructure through a grant administered by the Pollution Control Agency.

Significant Changes to Existing Law

  • Establishes a new capital investment project by authorizing a specific bond issuance amount (up to $19,375,000) to fund a grant to Olmsted County for the facility.
  • Ties the availability of the funds to a statutory resource-commitment requirement and to standard bond issuance processes under Minnesota law and the state Constitution.

Key Terms to Note

  • materials recovery facility
  • Olmsted County
  • Pollution Control Agency
  • grant
  • design, construct, furnish, and equip
  • bond proceeds fund
  • bonds / bond sale
  • Minnesota Statutes 16A502
  • Minnesota Statutes 16A631 to 16A675
  • Minnesota Constitution Article XI (sections 4 to 7)
  • capital investment

Relevant Terms materials recovery facility, Olmsted County, Pollution Control Agency, grant, design, construct, furnish, equip, bond proceeds fund, bonds, bond sale, Minnesota Statutes 16A502, Minnesota Statutes 16A631-16A675, Minnesota Constitution Article XI, capital investment

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
January 21, 2025SenateActionIntroduction and first reading
January 21, 2025SenateActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [
        "No new statutes are added; the text references existing statute 16A502 to determine appropriation availability."
      ],
      "removed": [],
      "summary": "Section 1, Subdivision 1 appropriates 19,375,000 from the bond proceeds fund to the Pollution Control Agency for a grant to Olmsted County to design, construct, furnish, and equip a materials recovery facility in Olmsted County; availability is conditioned on resources committed as required by Minnesota Statutes section 16A502.",
      "modified": []
    },
    "citation": "Minnesota Statutes section 16A502",
    "subdivision": "Subdivision 1"
  },
  {
    "analysis": {
      "added": [
        "No changes to the cited statutes; the bill directs bond issuance under existing authority."
      ],
      "removed": [],
      "summary": "Section 1, Subdivision 2 authorizes the sale and issuance of bonds up to 19,375,000 in the manner prescribed by Minnesota Statutes sections 16A631 to 16A675; this relies on the existing debt issuance framework.",
      "modified": []
    },
    "citation": "Minnesota Statutes sections 16A631 to 16A675",
    "subdivision": "Subdivision 2"
  }
]

Progress through the legislative process

17%
In Committee
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