Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF4367: Housing and redevelopment agencies utilizing certain long-term equity investment authority authorization and qualifying government investment types modifications
Status: In committee, May 4, 2026
What the bill says
A bill for an act relating to local government; authorizing housing and redevelopment agencies to utilize certain long-term equity investment authority; modifying investment types in which a qualifying government may invest; amending Minnesota Statutes 2024, section 118A.09, subdivisions 2, 4, by adding a subdivision.
From the introduced text, March 10, 2026:
A bill for an act relating to local government; authorizing housing and redevelopment agencies to utilize certain long-term equity investment authority; modifying investment types in which a qualifying government may invest; amending Minnesota Statutes 2024, section 118A.09, subdivisions 2, 4, by adding a subdivision. Section 1. Minnesota Statutes 2024, section 118A.09, subdivision 2, is amended to read: Subd. 2. Additional investment authority. Qualifying governments may invest the amount described in subdivision 3: (1) in index mutual funds based in the United States and indexed to a broad market United States equity index, on the condition that index mutual fund investments must be made directly with the main sales office of the fund; deleted text begin or deleted text end (2)new text begin [ADDED: in shares of a company that:] new text end new text begin [] new text end new text begin [] new text end new text begin [ and] new text end new text begin [ or] new text end new text begin [ADDED: (3)] new text end with the Minnesota State Board of Investment subject to such terms and minimum amounts as may be adopted by the board. new text begin [ADDED: EFFECTIVE DATE.] new text end new text begin [ADDED: This section is effective the day following final enactment.] new text end Sec. 2. Minnesota Statutes …
Sponsors
- Tou Xiong (D, HD-053A) · primary sponsor
- Jim Abeler (R)
Latest actions
- : Senate file first reading, referred to Elections Finance and Government Operations
- : Received from Senate
- : Third reading Passed vote: 45-21
- : Special Order
- : Author added Abeler
- : Second reading
- : Comm report: To pass
- : Referred to State and Local Government
- : Introduction and first reading
Votes
- the passage of the bill (April 30, 2026): 45 yea, 21 nay, passed
Common questions
- What is SF4367?
- SF4367 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Housing and redevelopment agencies utilizing certain long-term equity investment authority authorization and qualifying government investment types modifications.
- What does SF4367 do?
- In its own words: A bill for an act relating to local government; authorizing housing and redevelopment agencies to utilize certain long-term equity investment authority; modifying investment types in which a qualifying government may invest; amending Minnesota Statutes 2024, section 118A.09, subdivisions 2, 4, by adding a subdivision.
- What is the status of SF4367?
- In committee as of May 4, 2026. Latest action: Senate file first reading, referred to Elections Finance and Government Operations (May 4, 2026).
- Who sponsored SF4367?
- Tou Xiong (D, HD-053A), with 1 co-sponsor.
- Where is the official record for SF4367?
- On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=SF4367&y=2025&ssn=0&b=senate
Source: official Minnesota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.