Minnesota 2023-2024 Regular Session

Minnesota Senate Bill SF1021

Introduced
2/1/23  

Caption

Local roads and bridges bond issue and appropriation

Impact

If enacted, SF1021 will empower local governments to address urgent transportation needs within their jurisdictions, using the funds obtained from the bond issue. The appropriation is expected to directly influence local infrastructure statutes and enhance the overall physical capacity of road systems and bridges. This bill might alleviate some financial burdens on municipalities that would otherwise struggle to raise funds through traditional channels, assisting them in addressing critical infrastructure deficits effectively.

Summary

SF1021 proposes a significant bond issue aimed at financing improvements and construction for local roads and bridges. The bill emphasizes the importance of maintaining and upgrading essential infrastructure that supports community mobility and economic activity. The funding allocated via this bond is expected to enhance safety and accessibility for residents, while also potentially stimulating local economies through improved transportation networks and infrastructure durability.

Contention

As with many infrastructure funding bills, discussions around SF1021 have featured points of contention regarding budget priorities and fiscal responsibility. Supporters argue the necessity of funding for local infrastructure improvements, while critics may express concerns over increasing state debt or the possibility of misallocation of funds. Some community leaders have underscored the need for transparency and accountability in how the funds will be utilized to ensure that the promised improvements are delivered effectively.

Companion Bills

MN HF907

Similar To Local roads and bridges funding provided, general obligation bonds issued, and money appropriated.

Previously Filed As

MN HF907

Local roads and bridges funding provided, general obligation bonds issued, and money appropriated.

MN SF3605

Local roads and bridges bond issuance and appropriation

MN SF289

Local roads and bridges bond issuance and appropriation

MN SF627

Local roads and bridges appropriation

MN SF3775

Local roads and bridges bond issuance and appropriation

MN HF1911

Local roads and bridges funding provided, general obligation bonds issued, and money appropriated.

MN SF2185

Local roads and bridges bond issue and appropriation

MN HF2076

Local roads and bridges funding provided, general obligation bonds issued, and money appropriated.

MN HF3703

Local roads and bridges funding provided, and general obligation bonds sale and issuance authorized.

MN HF3908

Local roads and bridges funding provided, general obligation bonds sale and issuance authorized, and money appropriated.

Similar Bills

No similar bills found.