Spending to acquire and better public land and buildings and for other improvements of a capital nature with certain conditions authorized, new programs established and existing programs modified, bonds issued, and money appropriated.

HF 2844 appropriates $102.99 million for the University of Minnesota's Higher Education Asset Preservation and Replacement (HEAPR) program, $102.99 million for Minnesota State Colleges and Universities' HEAPR program, $900,000 for library construction grants, and smaller sums for Minnesota State Academies (including student center and therapy pool predesign) and the Perpich Center for Arts Education. The bill authorizes spending bond proceeds and specific funds to acquire, improve, and better public land, buildings, and capital assets at state institutions, with strict requirements on project completion timelines and funding sources. It modifies existing programs like HEAPR and specifies that funds cannot replace routine operations or projects that could be financed through other means. This bill directly affects public universities, colleges, state schools, and cultural institutions by providing targeted capital improvement funding for facility upgrades.