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HF4602 • 2026

Greater Minnesota business development public infrastructure grant program funding provided, bonds issued, and money appropriated.

Greater Minnesota business development public infrastructure grant program funding provided, bonds issued, and money appropriated.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Skraba, Kozlowski, Zeleznikar, Johnson, P.
Last action
2026-03-26
Official status
Author added Johnson, P.
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Greater Minnesota business development public infrastructure grant program funding provided, bonds issued, and money appropriated.

Greater Minnesota business development public infrastructure grant program funding provided, bonds issued, and money appropriated.

What This Bill Does

  • Greater Minnesota business development public infrastructure grant program funding provided, bonds issued, and money appropriated.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-03-26 House

    Author added Johnson, P.

  2. 2026-03-23 House

    Introduction and first reading, referred to Capital Investment

Official Summary Text

Greater Minnesota business development public infrastructure grant program funding provided, bonds issued, and money appropriated.

Current Bill Text

Read the full stored bill text 
A bill for an act

relating to capital investment; appropriating money for the greater Minnesota

business development public infrastructure grant program; authorizing the sale

and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.
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GREATER MINNESOTA BUSINESS DEVELOPMENT PUBLIC

INFRASTRUCTURE.
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Subdivision 1.

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Appropriation.

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$10,000,000 is appropriated from the bond proceeds

fund to the commissioner of employment and economic development for grants under the

greater Minnesota business development public infrastructure grant program under Minnesota

Statutes, section 116J.431.

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Subd. 2.

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Bond sale.

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To provide the money appropriated in this section from the bond

proceeds fund, the commissioner of management and budget shall sell and issue bonds of

the state in an amount up to $10,000,000 in the manner, upon the terms, and with the effect

prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota

Constitution, article XI, sections 4 to 7.

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EFFECTIVE DATE.

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This section is effective the day following final enactment.

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