HF 3900·MN·house
Permanent school fund investment, management, and distribution policy modified; and constitutional amendment proposed.
Signed into LawFiled Mar 2, 2026
Sponsor: Igo
Latest Action
Governor approval; Secretary of State, Filed; Governor's action Approval; Secretary of State
May 26, 2026
Summary
HF 3900 changes how Minnesota’s Permanent School Fund is invested, managed and distributed, creating a new calculation for the amount to be transferred to a school endowment fund. It also puts a constitutional amendment on the 2026 ballot that would raise the fund’s payouts to school districts without raising taxes. The bill is signed and will take effect July 1 2027 if voters approve the amendment.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get an email when HF 3900 moves: committee action, floor votes, amendments and hearings. Free, no card.
Track HF 3900 freeOr ask your AI assistant about HF 3900 directly:
Add to Claude, ChatGPT or Cursor