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HF 2365

International Falls water treatment facility capital improvements funding provided, bonds issued, and money appropriated.

2025-2026 Regular Session Introduced by Roger Skraba

Authorizes bonds and provides funding to modernize International Falls' water treatment facility, allocating state money for capital improvements and debt service.

Introduction and first reading, referred to Capital Investment
#bonds #citiesandtowns-specific
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Bill Summary · HF 2365

HF 2365 — International Falls water treatment facility capital improvements funding provided, bonds issued, and money appropriated

Overview

HF 2365 is a Minnesota House of Representatives bill introduced on March 13, 2025 and currently at the introduction and first-reading stage. The bill is classified as an appropriations and bonds measure focused on capital investments. It would provide funding for capital improvements to the International Falls water treatment facility, authorize the issuance of bonds, and appropriate money for the project. The bill has a companion Senate file, SF 2783.

Key Provisions (as described)

  • Funding for capital improvements to the International Falls water treatment facility.
  • Authorization to issue state bonds to finance the project (i.e., a general obligation or other specified bonding mechanism as part of the capital investment process).
  • Appropriation of money designated for the project, specifying how funds would be allocated and used to complete the improvements.
  • The bill’s language would typically include terms related to bond issuance, project scope, and repayment/financing mechanisms, though specific amounts and terms are not provided in the summary available here.

Fiscal and Financial Implications

  • The bill contemplates state bonding to finance the water facility improvements, which would create a debt obligation for the state and potential future debt service requirements.
  • A formal fiscal note (not provided here) would ordinarily outline total project cost, bond term, interest rates, and impact on the state bonding capacity and annual debt service.
  • Details such as dollar amounts, bond type, interest rate, and repayment schedule are not specified in the available information.

Affected Parties and Scope

  • The primary project beneficiary is the City of International Falls and its water treatment infrastructure.
  • State-level actors involved typically include the Legislature’s Capital Investment committees, the Department of Management and Budget, the bonding authority, and agencies responsible for administering capital project funds. Specific agencies and programmatic oversight are not listed in the summary provided.

Procedural History and Next Steps

  • Status: Introduction and first reading; referred to the Capital Investment committee.
  • Next steps (pending bill progress): committee hearings, potential amendments, and floor votes in the House. If enacted, the bill would advance through the legislative process and, potentially, to the Senate as SF 2783 (companion) for consideration.
  • Effective date and implementation timeline would be defined within the bill text.

Related Legislation

  • Companion: SF 2783 (Senate counterpart).

Notes for Readers

  • The available information does not include specific dollar amounts, bond terms, or project milestones. For a precise understanding of costs, funding sources, timelines, and oversight requirements, consult the full bill text, fiscal note, and committee materials once published.

Compiled from official sources — confirm details with the bill’s official record.

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