Housing infrastructure bonds authorized, and money appropriated.

This bill authorizes the state of Minnesota to issue up to $50 million in housing infrastructure bonds to fund housing-related projects. It establishes a funding mechanism where the state transfers money from the general fund into a dedicated bond account to help pay for the interest and principal on these loans over many years. The amount of annual funding depends on which specific bond series are still active, with transfers occurring each July 15th through 2049. This legislation directly affects state agencies responsible for managing housing finance and the taxpayers who fund the state's general budget.