This bill appropriates $225,000,000 from the bond proceeds fund to the Public Facilities Authority for clean water initiatives in Minnesota. It outlines specific allocations within this total appropriation, including $22,000,000 for an emerging contaminants grant program, $19,000,000 to match federal grants for clean and drinking water revolving funds, $60,000,000 for grants to municipalities under the water infrastructure funding program, and $124,000,000 for grants under the point source implementation grants program. Each of these appropriations is designated for qualified capital projects.
To fund these appropriations, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $225,000,000, following the procedures outlined in Minnesota Statutes and the state constitution. The provisions of this bill will take effect the day after it is enacted.