The bill amends Minnesota Statutes 2024, section 193.143, to increase the maximum bonded indebtedness allowed for the State Armory Building Commission from $15,000,000 to $45,000,000. This change is intended to provide the commission with greater financial capacity to construct and equip new armories, thereby enhancing the state's military infrastructure. The bill outlines the powers of the commission, which include acquiring property, exercising eminent domain, and managing funds for armory-related activities.

In addition to the increase in bonded indebtedness, the bill maintains various provisions regarding the commission's operations, such as the ability to enter into contracts, employ necessary personnel, and manage funds effectively. The commission is also empowered to seek federal and state partnerships and grants to support its objectives. Overall, the bill aims to strengthen the capabilities of the State Armory Building Commission in fulfilling its mission to support the military forces of Minnesota.

Statutes affected:
Introduction: 193.143