Higher Education Asset Preservation and Replacement at the University of Minnesota bond issue and appropriation

SF 3966 appropriates $100 million from state bond proceeds to fund the University of Minnesota's Higher Education Asset Preservation and Replacement (HEAPR) program. The bill authorizes the state to sell up to $100 million in bonds to cover this funding, directly affecting the University of Minnesota Board of Regents, which will manage the infrastructure projects. Key provisions include using bond funds for preserving and replacing campus assets under Minnesota Statutes §135A.046, with the bond sale following state bond procedures. This is a funding mechanism for campus infrastructure upgrades, not a new policy affecting broader public programs.