Minnesota River Basin Area II flood hazard mitigation funding provided, bonds issued, and money appropriated.

HF 1455 appropriates $1.5 million from state bond proceeds to fund flood hazard mitigation projects in Area II of the Minnesota River Basin. The funds will support capital improvements to prevent or reduce flood damage, requiring a 1:3 local/state matching contribution (meaning $1 from nonstate sources for every $3 in state funds). The state will issue bonds up to $1.5 million to cover the appropriation, following standard bond procedures under Minnesota law. This bill directly affects communities and infrastructure in the specified flood-prone basin area.