| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to housing; appropriating money for the Greater Minnesota Housing |
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| 3 | 3 | | 1.3 Infrastructure program; authorizing the sale and issuance of state bonds. |
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| 4 | 4 | | 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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| 5 | 5 | | 1.5 Section 1. GREATER MINNESOTA HOUSING INFRASTRUCTURE. |
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| 6 | 6 | | 1.6 Subdivision 1.Appropriation.$4,000,000 in fiscal year 2026 is transferred from the |
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| 7 | 7 | | 1.7bond proceeds fund to the housing development fund. $4,000,000 in fiscal year 2026 is |
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| 8 | 8 | | 1.8appropriated from the housing development fund to the commissioner of the Minnesota |
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| 9 | 9 | | 1.9Housing Finance Agency for the Greater Minnesota Housing Infrastructure grant program |
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| 10 | 10 | | 1.10under Minnesota Statutes, section 462A.395. |
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| 11 | 11 | | 1.11 Subd. 2.Bond sale.To provide the money transferred in this section from the bond |
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| 12 | 12 | | 1.12proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
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| 13 | 13 | | 1.13the state in an amount up to $4,000,000 in the manner, upon the terms, and with the effect |
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| 14 | 14 | | 1.14prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
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| 15 | 15 | | 1.15Constitution, article XI, sections 4 to 7. |
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| 16 | 16 | | 1.16 EFFECTIVE DATE.This section is effective the day following final enactment. |
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| 17 | 17 | | 1Section 1. |
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| 18 | 18 | | 25-02909 as introduced02/19/25 REVISOR MS/BM |
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| 19 | 19 | | SENATE |
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| 20 | 20 | | STATE OF MINNESOTA |
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| 21 | 21 | | S.F. No. 2237NINETY-FOURTH SESSION |
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| 22 | 22 | | (SENATE AUTHORS: FRENTZ and Draheim) |
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| 23 | 23 | | OFFICIAL STATUSD-PGDATE |
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| 24 | 24 | | Introduction and first reading03/06/2025 |
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| 25 | 25 | | Referred to Housing and Homelessness Prevention |
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