Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF3120: Certain counties children's savings account program for higher education and pilot grant project establishment and appropriation
Status: In committee, April 15, 2026
What the bill says
A bill for an act relating to higher education; establishing a children's savings account program for higher education in certain counties; creating a pilot grant program; requiring a report; appropriating money; amending Minnesota Statutes 2024, section 136G.03, subdivision 1, by adding subdivisions; proposing coding for new law in Minnesota Statutes, chapter 136G.
From the engrossed text, March 26, 2026:
A bill for an act relating to higher education; establishing a children's savings account program for higher education in certain counties; creating a pilot grant program; requiring a report; appropriating money; amending Minnesota Statutes 2024, section 136G.03, subdivision 1, by adding subdivisions; proposing coding for new law in Minnesota Statutes, chapter 136G. Section 1. Minnesota Statutes 2024, section 136G.03, subdivision 1, is amended to read: Subdivision 1. General. For purposes of sections 136G.01 to deleted text begin 136G.14deleted text end new text begin [ADDED: 136G.16] new text end , the following terms have the meanings given. Sec. 2. Minnesota Statutes 2024, section 136G.03, is amended by adding a subdivision to read: new text begin [ADDED: Subd. 6a.] new text end new text begin [ADDED: Children's higher education investment account.] new text end new text begin [ADDED: "Children's higher education investment account" means the account established in the special revenue fund under section 136G.15, subdivision 7.] new text end Sec. 3. Minnesota Statutes 2024, section 136G.03, is amended by adding a subdivision to read: new text begin [ADDED: Subd. 12a.] new text end new text begin [ADDED: Eligible child.] new text end new text begin [ADDED: "Eligible child" means a current Minnesota resident under 18 years of age, born on or after July 1, 2026, in either:] new text end new …
Sponsors
- Aric Putnam (D) · primary sponsor
- Rob Kupec (D)
- Julia Coleman (R)
Latest actions
- : Author added Coleman
- : Comm report: To pass as amended and re-refer to Health and Human Services
- : Referred to Higher Education
- : Introduction and first reading
Common questions
- What is SF3120?
- SF3120 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Certain counties children's savings account program for higher education and pilot grant project establishment and appropriation.
- What does SF3120 do?
- In its own words: A bill for an act relating to higher education; establishing a children's savings account program for higher education in certain counties; creating a pilot grant program; requiring a report; appropriating money; amending Minnesota Statutes 2024, section 136G.03, subdivision 1, by adding subdivisions; proposing coding for new law in Minnesota Statutes, chapter 136G.
- What is the status of SF3120?
- In committee as of April 15, 2026. Latest action: Author added Coleman (April 15, 2026).
- Who sponsored SF3120?
- Aric Putnam (D), with 2 co-sponsors.
- Where is the official record for SF3120?
- On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=SF3120&y=2025&ssn=0&b=senate
Source: official Minnesota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.