HF 1752 - Authorizes Bonds for Construction Works - Minnesota Key Vote
Patti Fritz voted Yea (Concurrence Vote) on this Legislation.
Timeline
- Executive Signed
- May 11, 2012
- House Concurrence Vote Passed
- May 8, 2012
- Senate Bill Passed
- May 7, 2012
- House Bill Passed
- May 7, 2012
- Introduced
- May 21, 2011
Related Issues
Stage Details
Title: Authorizes Bonds for Construction Works
Signed by Governor Mark Dayton
Title: Authorizes Bonds for Construction Works
Vote Smart's Synopsis:
Vote to concur with Senate amendments and pass a bill that authorizes the appropriation of funds from bond proceeds for public works.
Highlights:
- Requires the commissioner of management and budget to sell and issue bonds of the state in an amount up to $525.86 million in order to fund this act, some of which is appropriated as follows (Secs. 2, 3, 7, 12, 13, 16, 21, & 26):
- $64.06 million to the University of Minnesota;
- $132.13 million to the Minnesota state colleges and universities system;
- $30 million for flood hazard mitigation grants;
- $44 million to restoring the state Capitol building;
- $78.5 million to the Department of Employment and Economic Development, $50 million of which is for business development through capital project grants;
- $4 million to the Minnesota zoological garden;
- $49.4 million to transportation projects, $30 million of which are for local bridge replacement and rehabilitation; and
- $13.5 million to the Austin Port Authority for construction of a research and technology center.
- Requires the commissioner of management and budget to report to legislative committees on the jobs created and retained as a result of capital project funding by the state (Sec. 28).
- Establishes the transportation economic development infrastructure program to “finance infrastructure, create economic development opportunities, jobs, and improve all types of transportation systems statewide” (Sec. 33).
Title: Authorizes Bonds for Construction Works
Vote Smart's Synopsis:
Vote to pass a bill that authorizes the appropriation of funds from bond proceeds for public works.
Highlights:
- Requires the commissioner of management and budget to sell and issue bonds of the state in an amount up to $525.86 million in order to fund this act, some of which is appropriated as follows (Secs. 2, 3, 7, 12, 13, 16, 21 & 26):
- $64.06 million to the University of Minnesota;
- $132.13 million to the Minnesota state colleges and universities system;
- $30 million for flood hazard mitigation grants;
- $44 million to restoring the state Capitol building;
- $78.5 million to the Department of Employment and Economic Development, $50 million of which is for business development through capital project grants;
- $4 million to the Minnesota zoological garden;
- $49.4 million to transportation projects, $30 million of which are for local bridge replacement and rehabilitation; and
- $13.5 million to the Austin Port Authority for construction of a research and technology center.
- Requires the commissioner of management and budget to report to legislative committees on the jobs created and retained as a result of capital project funding by the state (Sec. 28).
- Establishes the transportation economic development infrastructure program to “finance infrastructure, create economic development opportunities, jobs, and improve all types of transportation systems statewide” (Sec. 33).
Title: Authorizes Bonds for Construction Works