Capital investment spending authorized, bonds issued, and money appropriated.

HF 2485 authorizes $258.3 million in state bond funding for capital improvements to public infrastructure. It directly affects Minnesota's public universities (University of Minnesota and Minnesota State Colleges), school libraries, and state facilities. Key provisions include $40 million for campus infrastructure repairs (like heating systems and building code compliance at UMN campuses), $177.1 million for library construction grants (including $1 million for a new Clara City library), and $1.2 million for state academy facility upgrades. The bill specifies that funds must be used for capital improvements like building repairs, utility systems, and compliance with safety codes, with strict requirements for project planning and funding commitments before disbursement.