This bill authorizes significant capital investment spending for the acquisition and improvement of public land and buildings, as well as various capital projects, while establishing new programs and modifying existing ones. It allows for the sale and issuance of state bonds, with appropriations from multiple funds to state agencies for public purposes, ensuring compliance with the Minnesota Constitution. Notably, the bill specifies that appropriated funds can cover state agency staff costs related to capital projects, remain available until project completion, and be allocated for grants to political subdivisions once project funding is confirmed. It also outlines specific appropriations for improvements at educational institutions, state parks, and correctional facilities, while emphasizing project prioritization and asset preservation.

Additionally, the bill amends various sections of Minnesota Statutes to adjust funding and assistance programs related to water infrastructure and early childhood education, including reducing the matching requirement for state appropriations for early childhood programs from 50% to 25%. It expands the uses of the clean water revolving fund and increases maximum grant amounts for governmental units addressing water quality issues. The bill establishes a new grant program for emerging contaminants in drinking water, covering up to 80% of project costs, and outlines procedures for the design and construction of audio and video broadcast facilities for state buildings. It also introduces provisions for lease revenue bonds and repeals certain existing statutes related to infrastructure development bonds, with an appropriation of $3,000,000 for predesign and design of the authorized facilities.

Statutes affected:
Introduction: 16A.501, 16B.97, 16B.98, 116.182, 142A.46, 446A.07, 446A.072, 446A.073, 446A.081, 16A.662, 116J.417