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Committee lays over bill to let higher‑education conduit authority offer financing to nonprofit health providers
2862748 · April 3, 2025
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Summary
Senate File 1676 would expand the Minnesota Higher Education Facilities Authority’s conduit bonding authority to allow nonprofit hospitals, clinics and nursing homes access to lower‑cost financing; the committee laid the bill over for possible omnibus inclusion.
Senate File 1676, presented by Senator Hoffman on April 3, would expand the Minnesota Higher Education Facilities Authority’s (MHEFA) authority so nonprofit healthcare institutions — hospitals, nursing homes and clinics — could access conduit financing similar to that used by private…
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