Minnesota Higher Education Facilities Authority renamed to Minnesota Health and Education Facilities Authority, authorized to finance health care.

The bill renames the Minnesota Higher Education Facilities Authority to the Minnesota Health and Education Facilities Authority. It authorizes the Authority to construct and finance health care facilities. The bill increases the bonding capacity for the Authority, allowing it to issue up to $5 billion in revenue bonds. The Authority can also issue notes, bond anticipation notes, and revenue refunding bonds. The bill amends various sections of Minnesota Statutes to reflect these changes, including the definition of "project" and the authority's powers and duties.

Minnesota Higher Education Facilities Authority renamed to Minnesota Health and Education Facilities Authority, authorized to finance health care.

The bill renames the Minnesota Higher Education Facilities Authority to the Minnesota Health and Education Facilities Authority. It authorizes the Authority to construct and finance health care facilities. The bill increases the bonding capacity for the Authority, allowing it to issue up to $5 billion in revenue bonds. The Authority can also issue notes, bond anticipation notes, and revenue refunding bonds. The bill amends various sections of Minnesota Statutes to reflect these changes, including the definition of "project" and the authority's powers and duties.