MinnesotaMinnesota would fund a new water treatment facility in Rosemount
Rosemount would receive a $50 million state grant to plan, build, and equip a new water treatment facility, funded through state borrowing.
What it does
Rosemount would receive a $50 million grant to plan, build, and equip a new water treatment facility. Minnesota would fund it by selling up to $50 million in state bonds.
Argument forThe state grant could reduce the amount Rosemount needs to raise locally to plan, build, and equip the facility.
Argument againstBorrowing up to $50 million for the facility could add to Minnesota's future debt payments.
More detail
Minnesota would set aside $50 million for the grant and sell up to $50 million in state bonds to fund it. The grant would cover planning, design, construction, furnishings, and equipment for a new water treatment facility in Rosemount. The Public Facilities Authority would receive the money from the state's bond proceeds fund for a grant to Rosemount. The state budget commissioner would sell the bonds under the state laws and constitutional rules named in the bill. The grant and bond sale provisions would take effect the day following final enactment.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- May 12Referred to Capital InvestmentLatest
- May 12Introduction and first readingIntroduced
Environment & EnergyTaxes & Budget