Capital improvement bond issuance and appropriation

SF 3056 authorizes Minnesota to issue bonds for capital improvement projects, appropriating nearly $400 million in bond proceeds to state agencies and institutions. It directly affects public universities (University of Minnesota and Minnesota State Colleges), state academies, the Perpich Center for Arts Education, and natural resources programs. Key provisions include $103 million for university building preservation, $1.95 million for Minnesota State Academies' facility upgrades, $1.53 million for arts center improvements, and $98 million for natural resources capital projects. The bill specifies that funds must be used for acquiring, improving, or replacing public land and buildings, with strict accounting rules for staff costs and project completion timelines. All appropriations are one-time funding for fiscal year 2026.