Minnesota HF4926 authorizes the issuance of housing infrastructure bonds and appropriates money for their debt service.

Minnesota HF4926 amends state statutes to authorize the issuance of housing infrastructure bonds and appropriates funds for their debt service. The bill specifies annual transfers from the general fund to the housing infrastructure bond account for various series of bonds, with specific dates and limits. The transfers are to be made if any bonds remain outstanding, and the amounts are certified by the commissioner of management and budget. The bill also allows for additional bond issuance up to a certain limit. The provisions are effective from the date following final enactment.

Minnesota HF4926 authorizes the issuance of housing infrastructure bonds and appropriates money for their debt service.

Minnesota HF4926 amends state statutes to authorize the issuance of housing infrastructure bonds and appropriates funds for their debt service. The bill specifies annual transfers from the general fund to the housing infrastructure bond account for various series of bonds, with specific dates and limits. The transfers are to be made if any bonds remain outstanding, and the amounts are certified by the commissioner of management and budget. The bill also allows for additional bond issuance up to a certain limit. The provisions are effective from the date following final enactment.