The bill focuses on various funding and policy changes related to higher education in Minnesota, including adjustments to bonding, licensure, and grant provisions. Notably, it increases the limit on revenue bonds from $1.3 billion to $2 billion, allowing for greater financial support for educational projects. The bill also introduces new fees for registration and licensure applications, including a $600 fee for applications that require multiple revisions or corrections. Additionally, it amends the appropriations for ALS research, reducing the previous allocation from $20 million to $396,000, while also providing $19.6 million for competitive grants aimed at ALS research.

Furthermore, the bill establishes a new appropriation of $500,000 for the "Kids on Campus" initiative, which aims to foster partnerships between Minnesota State Colleges and Universities and Head Start programs. This initiative includes funding for a temporary project coordinator and stipends for campuses and Head Start centers to support the formation of parenting student advisory panels. The bill also outlines specific reporting requirements for the project coordinator to assess the initiative's outcomes and the use of funds by June 30, 2026. Overall, the bill seeks to enhance funding mechanisms and support systems within Minnesota's higher education landscape.

Statutes affected:
Introduction: 136A.69, 136A.824
1st Engrossment: 136A.29, 136A.69, 136A.824