This bill authorizes capital investment spending for the acquisition and improvement of public land and buildings, as well as other capital projects, while establishing new programs and modifying existing ones. It includes provisions for the sale and issuance of state bonds, appropriating funds for various projects, and amending several sections of the Minnesota Statutes. Key appropriations from the bond proceeds fund are designated for public purposes, including funding for state agency staff costs related to capital projects, and ensuring that funds remain available until project completion. The bill outlines specific appropriations for agencies such as the Board of Regents of the University of Minnesota and the Minnesota Zoological Board, detailing intended uses for improvements and construction projects statewide.

Significant changes in the bill include the establishment of a statewide drinking water contamination mitigation program and the reduction of matching requirements for early childhood facilities from 50% to 25%. It expands the clean water revolving fund's uses to cover administrative costs and subsidization for projects addressing emerging contaminants. Additionally, the bill introduces a new grant program for projects targeting drinking water contaminants, allowing for substantial coverage of project costs. It also outlines procedures for the design and construction of audio and video broadcast facilities for state buildings and allows for the issuance of certificates of participation or lease revenue bonds. The bill is set to take effect the day after its final enactment, 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