Annual volume cap allocations and allocation procedure for public facility projects funded by public facility bonds modified.

HF 2252 modifies Minnesota's public facility bond allocation system by increasing the annual funding cap for public facility projects from $12.75 million to $61.78 million. It extends the deadline for issuers to permanently bond funds from 120 to 180 days after allocation and adjusts the priority order for distributing funds through the unified pool. The bill directly affects local governments, schools, hospitals, and other public facility projects seeking bond financing, as well as state agencies like the Minnesota Housing Finance Agency. Key changes include revised allocation percentages and streamlined application processes for qualifying projects under Minnesota Statutes sections 474A.03 and 474A.091.