Minnesota 2023-2024 Regular Session

Minnesota House Bill HF2613

Introduced
3/6/23  
Refer
3/6/23  

Caption

Permanent university fund for mineral research modified.

Impact

The primary impact of HF2613 on state laws is the restructuring of the distribution of funds generated from state mineral leases. It allocates a specific portion of these funds to support the Natural Resources Research Institute and STEM programs at affiliated institutions. This reallocation is designed to strengthen the state's educational framework in relation to mining and engineering, addressing local workforce gaps and enhancing research initiatives tied to regional industry needs.

Summary

HF2613 proposes modifications to the allocation of the permanent university fund in Minnesota, particularly related to funding for mineral research and scholarships in engineering fields. The bill seeks to enhance educational opportunities in mining and engineering, aiming to prioritize scholarships for students from the Minnesota Economic Development Region to further develop workforce capabilities in these sectors. By doing so, it aims to promote educational advancement and support local economies, particularly in areas rich in mineral resources.

Sentiment

The sentiment surrounding HF2613 is generally supportive among stakeholders focusing on economic development and education. Proponents view this bill as a necessary step to foster innovation and competitive advantage in the mining sector by investing in education and research. However, there might be mixed feelings among various groups, particularly those who question if sufficient funding will reach other critical areas of higher education or if the focus on mining could overshadow other educational needs.

Contention

Notable points of contention may arise regarding the distribution of funds and the prioritization of engineering programs over other disciplines within the higher education framework. Stakeholders who advocate for a more diversified approach to funding and curriculum development may express concerns about whether HF2613 effectively balances the needs of various academic fields against the specific interests of the mining sector. This debate underscores broader discussions about resource allocation and educational priorities in state-funded initiatives.

Companion Bills

MN SF2548

Similar To Permanent university fund modification for mineral research

Previously Filed As

MN SF2548

Permanent university fund modification for mineral research

MN SF2881

Permanent university fund mining royalty income allocation modifications

MN HF1126

Postsecondary attainment goals, student financial aid, institutional licensure provisions, and institutional grant program policy changes provided.

MN HF2842

Workforce development provisions modified, Board of Trustees of Minnesota State Colleges and Universities for workforce development funding provided, and money appropriated.

MN SF1177

Workforce development provisions modifications; Board of Trustees of the Minnesota State Colleges and Universities appropriation for workforce for development

MN SB1058

Relating to the university research fund and eligibility to receive money from the national research university fund.

MN SF2483

Omnibus Higher Education policy and appropriations

MN HB51

Relating to measures to enhance and maintain the quality of state universities, including funding and incentives to support emerging public research universities, to the abolition of the higher education fund, to the institutional groupings under the Texas Higher Education Coordinating Board's accountability system, to the independent status of Lamar Institute of Technology, to research conducted by public universities and other state entities, and to the authorization of revenue bonds for certain institutions of higher education.

MN SF1

Omnibus Higher Education policy and appropriations

MN HF6

Higher education finance and policy bill.

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