Modifies local government debt financing in Minnesota, including school districts and counties.

This bill amends Minnesota Statutes to modify local government debt financing. It requires school districts to publish notice of bond issuances and levies. It allows counties to issue bonds without an election, set bond details, and enter into contracts for bond issuance. It also allows regional railroad authorities to pledge taxing powers as security for bonds. The bill specifies how bonds must be issued and sold, and allows for the refunding of bonds.

Modifies local government debt financing in Minnesota, including school districts and counties.

This bill amends Minnesota Statutes to modify local government debt financing. It requires school districts to publish notice of bond issuances and levies. It allows counties to issue bonds without an election, set bond details, and enter into contracts for bond issuance. It also allows regional railroad authorities to pledge taxing powers as security for bonds. The bill specifies how bonds must be issued and sold, and allows for the refunding of bonds.