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SF 1292

Washington County public works facility bond issue and appropriation

2025-2026 Regular Session Introduced by Judy Seeberger

Authorizes a bond issue and dedicated funding to finance Washington County's public works facility, enabling construction or upgrades and creating debt service obligations.

Referred to Capital Investment
#bonds #counties-specific
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Bill Summary · SF 1292

Summary of SF 1292 – Washington County public works facility bond issue and appropriation

Overview

SF 1292 is a Minnesota Senate bill introduced on February 13, 2025, with the title “Washington County public works facility bond issue and appropriation.” The bill is focused on financing a public works facility for Washington County through a bond issue and associated appropriation. It has been introduced and referred to the Capital Investment committee. A companion bill in the House is HF 1113.

What the bill would do

  • Authorize a bond issue to finance a public works facility in Washington County.
  • Provide an appropriation to support the project.
  • The exact bond structure (e.g., state general obligation bonds) and the amount of the appropriation would be specified in the full text of the bill.

Key provisions (as indicated by the title and status)

  • Bond issuance: Enable the state (or relevant state entity) to issue bonds to raise funds for the Washington County public works facility.
  • Appropriation: Establish a dedicated appropriation to fund the project costs, construction, acquisition, or related capital needs.
  • Project scope: Targeted to Washington County’s public works facility; may include construction, expansion, renovation, equipment, or related capital improvements.
  • Terms and conditions: Specifics on bond terms (maturity, interest rates, debt service, and repayment sources) would be defined in the enacted bill, not in the summary available here.

Who would be affected

  • Washington County: Primary beneficiary, receiving financing and funds to develop or upgrade its public works facility.
  • State taxpayers and bondholders: Potential impact through debt service and state-level financing obligations.
  • Local contractors and suppliers: Potential contractors, subcontractors, and vendors involved in the public works facility project.
  • County government operations: Changes to capital project funding and public works capabilities upon project completion.

Procedural and timeline aspects

  • Introduction and first reading: February 13, 2025.
  • Referral: Referred to the Capital Investment committee.
  • Related legislation: HF 1113 is the companion bill in the House.
  • Next steps: If advanced, the bill would move through committee hearings, potential amendments, and floor votes in its respective chamber, followed by conference if needed.

Notes

  • This summary is based on the bill’s title, status, and the information provided. The full text would specify the bond amount, repayment terms, project details, and any conditions or contingencies.
  • For readers seeking the most precise details, consult the bill’s fiscal note and the enacted language once available.

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

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