Minnesota SF293 appropriates $9,000,000 for the hangar construction revolving account and authorizes bond issuance.

Minnesota SF293 allocates $9,000,000 from the bond proceeds fund to the hangar construction revolving account, managed by the commissioner of transportation. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $9,000,000 to fund this appropriation. The bond sale must comply with Minnesota Statutes, sections 16A.631 to 16A.675, and the Minnesota Constitution, article XI, sections 4 to 7. This appropriation and bond issuance are effective the day following final enactment.

Minnesota SF293 appropriates $9,000,000 for the hangar construction revolving account and authorizes bond issuance.

Minnesota SF293 allocates $9,000,000 from the bond proceeds fund to the hangar construction revolving account, managed by the commissioner of transportation. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $9,000,000 to fund this appropriation. The bond sale must comply with Minnesota Statutes, sections 16A.631 to 16A.675, and the Minnesota Constitution, article XI, sections 4 to 7. This appropriation and bond issuance are effective the day following final enactment.