Senate File 2880, presented April 1 as the Senate’s public‑finance bill, includes technical changes to notice periods for certain bond hearings, definitions of eligible projects for county general obligation financing, clarifications on bond refunding/refinancing authority, and timing clarifications for bond allocation caps and deadlines.

Senator Rust (sponsor) summarized the proposal as largely modernization and clarification: shortening several public‑notice requirements from 14 or 30 days to 10 days in defined sections, clarifying that correctional/jail facilities connected physically to a courthouse or justice center are included in county general‑obligation definitions, and other housekeeping changes. Rhonda Scobie of the Minnesota Institute of Public Finance testified and offered to answer technical questions.

Committee members had no substantive objections and the bill was laid over for potential inclusion in future omnibus language.

The bill was laid over; staff and stakeholders signaled it is primarily technical language intended to aid local governments’ financing options and clarify statutory deadlines and definitions.