Bonding bill forecast required to be prepared and delivered to the governor and legislature.

HF 3177 requires Minnesota's commissioner to prepare and deliver two annual forecasts to the governor and legislature: a debt capacity forecast (in February and November) showing current and projected debt payments, and a bonding bill forecast (also in February and November). The bonding bill forecast specifically calculates the maximum amount of state general obligation bonds that can be issued while keeping debt payments to the general fund below 2.5% of total non-dedicated general fund revenues. This bill directly affects state budget planning and financial oversight by mandating transparent, data-driven borrowing limits. It amends Minnesota Statutes section 16A.105 to establish these requirements, effective upon final enactment.