Minnesota HF1455 appropriates $1.5 million for flood hazard mitigation in the Minnesota River Basin Area II, contingent on nonstate funding.

Minnesota HF1455 allocates $1.5 million for flood hazard mitigation in Area II of the Minnesota River Basin, contingent on securing $1 in nonstate funding for every $3 of state grant. The funds are sourced from bond proceeds, with the commissioner of management and budget authorized to issue up to $1.5 million in state bonds. This funding is intended for capital improvements to prevent or alleviate flood damage. The appropriation becomes available only after the Board of Water and Soil Resources confirms the required nonstate funding commitment.

Minnesota HF1455 appropriates $1.5 million for flood hazard mitigation in the Minnesota River Basin Area II, contingent on nonstate funding.

Minnesota HF1455 allocates $1.5 million for flood hazard mitigation in Area II of the Minnesota River Basin, contingent on securing $1 in nonstate funding for every $3 of state grant. The funds are sourced from bond proceeds, with the commissioner of management and budget authorized to issue up to $1.5 million in state bonds. This funding is intended for capital improvements to prevent or alleviate flood damage. The appropriation becomes available only after the Board of Water and Soil Resources confirms the required nonstate funding commitment.