Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF3593: Constitutional Amendment proposal to modify the permanent school fund investment, management, and distribution policy
Status: In committee, May 6, 2026
What the bill says
A bill for an act relating to state government; proposing an amendment to the Minnesota Constitution, article XI, section 8; modifying the investment, management, and distribution policy for the permanent school fund; amending Minnesota Statutes 2024, sections 11A.16, subdivisions 5, 6; 127A.32. ARTICLE 1 CONSTITUTIONAL AMENDMENT.
From the engrossed text, April 15, 2026:
A bill for an act relating to state government; proposing an amendment to the Minnesota Constitution, article XI, section 8; modifying the investment, management, and distribution policy for the permanent school fund; amending Minnesota Statutes 2024, sections 11A.16, subdivisions 5, 6; 127A.32. ARTICLE 1 CONSTITUTIONAL AMENDMENT Section 1. new text begin [ADDED: CONSTITUTIONAL AMENDMENT PROPOSED.] new text end new text begin [ADDED: An amendment to the Minnesota Constitution is proposed to the people. If the amendment is adopted, article XI, section 8, will read:] new text end Sec. 8. The permanent school fund of the state consists of (a) the proceeds of lands granted by the United States for the use of schools within each township, (b) the proceeds derived from swamp lands granted to the state, (c) all cash and investments credited to the permanent school fund and to the swamp land fund, and (d) all cash and investments credited to the internal improvement land fund and the lands therein. No portion of these lands shall be sold otherwise than at public sale, and in the manner provided by law. All funds arising from the sale or other disposition of the lands, or income accruing in any way before the sale or disposition thereof, shall be credited to the permanent school fund. Within limitations prescribed by law, the fund …
Sponsors
- Kunesh, Mary K. (D, 39) · primary sponsor
- John Hoffman (D)
- Robert Farnsworth (R)
- Grant Hauschild (D)
- Rarick, Jason (R, 11)
Latest actions
- : Rule 45-amend, subst. General Orders HF3900, SF indefinitely postponed
- : Second reading
- : Comm report: To pass
- : Comm report: To pass as amended and re-refer to Rules and Administration
- : Comm report: To pass as amended and re-refer to Finance
- : Author added Rarick
- : Comm report: To pass as amended and re-refer to State and Local Government
- : Author added Hauschild
- : Author added Farnsworth
- : Referred to Education Finance
Common questions
- What is SF3593?
- SF3593 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Constitutional Amendment proposal to modify the permanent school fund investment, management, and distribution policy.
- What does SF3593 do?
- In its own words: A bill for an act relating to state government; proposing an amendment to the Minnesota Constitution, article XI, section 8; modifying the investment, management, and distribution policy for the permanent school fund; amending Minnesota Statutes 2024, sections 11A.16, subdivisions 5, 6; 127A.32. ARTICLE 1 CONSTITUTIONAL AMENDMENT.
- What is the status of SF3593?
- In committee as of May 6, 2026. Latest action: Rule 45-amend, subst. General Orders HF3900, SF indefinitely postponed (May 6, 2026).
- Who sponsored SF3593?
- Kunesh, Mary K. (D, 39), with 4 co-sponsors.
- Where is the official record for SF3593?
- On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=SF3593&y=2025&ssn=0&b=senate
Source: official Minnesota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.