SF895 (Legislative Session 94 (2025-2026))

Mahnomen hospital bond issue and appropriation

Related bill: HF1820

AI Generated Summary

Purpose

  • The bill aims to fund a new hospital project in Mahnomen by using state bond proceeds. It creates a grant to the Mahnomen Health Center Joint Powers Board to help construct, furnish, and equip a new hospital facility in the city of Mahnomen.

Main Provisions

  • Subdivision 1 — Appropriation:
    • An amount of 40,000,000 is appropriated from the bond proceeds fund.
    • The money is to be granted to the Mahnomen Health Center Joint Powers Board through the Commissioner of Employment and Economic Development for the construction, furnishing, and equipping of a new hospital facility in Mahnomen.
  • Subdivision 2 — Bond Sale:
    • The Commissioner of Management and Budget must sell and issue state bonds up to 40,000,000 to provide the money appropriated in Subdivision 1.
    • The bond sale must follow the terms and effects described in Minnesota Statutes sections 16A.631 to 16A.675 and in the Minnesota Constitution, Article XI, sections 4 to 7.

Significant Changes to Existing Law

  • Establishes a new capital investment appropriation specifically for a Mahnomen hospital project.
  • Authorizes the issuance of up to 40,000,000 in state bonds to finance this project, funded through the bond proceeds fund.
  • Ties the financing to the standard bonding framework and constitutional provisions cited (Minnesota Statutes 16A.631–16A.675 and Minnesota Constitution Article XI, sections 4–7).

Implementation and Oversight

  • The grant and project execution are to be carried out by the Mahnomen Health Center Joint Powers Board, with oversight through the Department of Employment and Economic Development and the appropriate state budgeting and bonding authorities.

Scope and Limitations

  • The summary covers the specified appropriation and bond authorization for a single hospital project in Mahnomen; it does not address other potential projects or broader policy changes beyond this bonding and grant mechanism.

Relevant Terms - bond proceeds fund - appropriation - grant - Mahnomen Health Center Joint Powers Board - construct - furnish - equip - new hospital facility - Mahnomen - bond sale - bonds - state - 40,000,000 - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7 - Commissioner of Employment and Economic Development - Commissioner of Management and Budget

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 03, 2025SenateActionIntroduction and first reading
February 03, 2025SenateActionReferred toCapital Investment
March 17, 2026SenateActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill references existing Minnesota Statutes governing the sale and issuance of state bonds (bond proceeds) for capital investments, specifically sections 16A.631 to 16A.675.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee
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