HF 2418
2nd Engrossment - 94th Legislature (2025 - 2026)
Posted on 04/09/2026 04:44 p.m.
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A bill for an act
relating to capital investment; modifying information to be provided for capital
project grants to political subdivisions; amending Minnesota Statutes 2024, section
16A.86, subdivision 3a.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2024, section 16A.86, subdivision 3a, is amended to read:
Subd. 3a.
Information provided.
All requests for state assistance under this section
must include the following information:
(1) the name of the political subdivision that will own the capital project for which state
assistance is being requested;
(2) the public purpose of the project;
(3) the extent to which the political subdivision has or expects to provide local, private,
user financing, or other nonstate funding for the project;
(4) a list of the bondable activities that the project encompasses; examples of bondable
activities are public improvements of a capital nature for land acquisition, predesign, design,
construction, and furnishing and equipping for occupancy;
(5) whether the project will require new or additional state operating subsidies;
(6) whether the governing body of the political subdivision requesting the project has
passed a resolution in support of the project and has established priorities for all projects
within its jurisdiction for which bonding appropriations are requested when submitting
multiple requests;
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(7) whether the political subdivision has a plan for maintenance and preservation of the
project, including safety and security, maintenance and utility costs, availability of repair
parts and materials, sustainability, and any other criteria the political subdivision deems
relevant;
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deleted text begin (7)deleted text end new text begin (8)new text end if the project requires a predesign under section 16B.335, whether the predesign
has been completed at the time the capital project request is submitted, and whether the
political subdivision has submitted the project predesign to the commissioner of
administration for review and approval; and
deleted text begin (8)deleted text end new text begin (9)new text end if applicable, the information required under section 473.4485, subdivision 1a.
new text begin EFFECTIVE DATE. new text end
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This section is effective January 1, 2027.
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