SF3742 (Legislative Session 94 (2025-2026))
Rochester Community and Technical College improvements bond issue and appropriation
Related bill: HF3484
AI Generated Summary
Purpose
This bill provides a capital investment appropriation of $14.4 million to fund the design, renovation, furnishing, and equipping of space for Career and Technical Education programs at the Heintz Center, located at Rochester Community and Technical College. It also authorizes the sale and issuance of state bonds to raise those funds.
Main Provisions
- Appropriation: $14,400,000 is appropriated from the bond proceeds fund to the Board of Trustees of the Minnesota State Colleges and Universities to design, renovate, furnish, and equip CTE space at the Heintz Center at Rochester Community and Technical College.
- Bond sale: The Commissioner of Management and Budget shall sell and issue bonds up to $14,400,000 to finance this appropriation.
- Legal authority and compliance: The bond issuance must follow Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution, Article XI, sections 4 to 7.
Financing and Bond Issuance Details
- Source of funds: Bond proceeds fund.
- Amount: Up to $14,400,000.
- Process: Bonds will be issued and sold under existing state law governing debt issuance and constitutional authority.
Significance and Impact
- Focus: This bill funds capital improvements specifically for expanding or upgrading Career and Technical Education facilities at Rochester Community and Technical College.
- Policy effect: It uses existing bonding authorities and processes to finance the project, with no new statutory changes beyond enabling the bond sale for this project.
Relation to Existing Law
- Creates a targeted appropriation and debt-financing plan within the state’s capital investment framework.
- Relies on current statutes governing bond sales (16A.631–16A.675) and constitutional authority (Article XI, sections 4–7).
Relevant Terms - Rochester Community and Technical College - Heintz Center - Career and Technical Education (CTE) - appropriation - bond proceeds fund - Board of Trustees of the Minnesota State Colleges and Universities - Minnesota State Colleges and Universities - bond sale / sale and issuance of bonds - $14,400,000 (14.4 million) - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI, Sections 4–7 - capital investment - design, renovate, furnish, equip
Bill text versions
- Introduction PDF PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 23, 2026 | Senate | Action | Introduction and first reading | ||
| February 23, 2026 | Senate | Action | Referred to | Capital Investment | |
| February 26, 2026 | Senate | Action | Author added |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill references Minnesota Statutes sections 16A.631 to 16A.675 as the authority governing the bond sale for financing the appropriation.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": ""
}
]