Minnesota 2023-2024 Regular Session

Minnesota Senate Bill SF4369

Introduced
2/29/24  

Caption

Minneapolis Main Cinema bond issue and appropriation

Impact

The appropriation of funds as outlined in SF4369 is expected to enhance the cultural landscape of Minneapolis by providing necessary renovations and support for a key cinema venue. This investment aims to promote local arts and entertainment, thereby supporting economic growth in Minneapolis. The bill facilitates the sale and issuance of state bonds to cover this appropriation, with the finance structure governed by existing Minnesota statutes pertaining to state bond issuance.

Summary

SF4369 is an act related to capital investment in the city of Minneapolis, specifically targeting The Main Cinema. The bill proposes an appropriation of $3,500,000 from the bond proceeds fund to the commissioner of employment and economic development. This funding will be allocated for predesign, design, renovation, furnishing, and equipping of The Main Cinema, a venue dedicated to international and independent cinema, including its involvement in the Minneapolis St. Paul International Film Festival and other programming events.

Contention

While the bill appears to have a positive intent toward supporting the arts, potential contention may arise from discussions on funding priorities. There may be concerns regarding the allocation of state resources, especially in the context of other pressing state needs, and differences in opinion on the importance of funding for the arts compared to other sectors such as education or public health.

Companion Bills

No companion bills found.

Previously Filed As

MN SF4367

Minneapolis Main Cinema appropriation

MN HF5030

Minneapolis; Main Cinema funding provided, and money appropriated.

MN SF1041

Minneapolis 36-inch water main capital improvements bond issue and appropriation

MN SF3831

City of Minneapolis 36-inch water main improvements bond issuance and appropriation

MN SF5011

North Commons Park in Minneapolis bond issue and appropriation

MN SF1734

Minneapolis Central City Storm Tunnel expansion bond issue and appropriation

MN SF4607

City of Minneapolis housing development bond issuance and appropriation

MN SF1522

North Minneapolis flood mitigation projects bond issue and appropriation

MN SF2156

City of Minneapolis North Commons Park bond issuance and appropriation

MN SF3702

Minneapolis former YWCA facility capital improvements bond issue and appropriation

Similar Bills

No similar bills found.