1 | 1 | | 1.1 A bill for an act |
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2 | 2 | | 1.2 relating to capital investment; appropriating money for local roads and bridges; |
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3 | 3 | | 1.3 authorizing sale and issuance of general obligation bonds. |
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4 | 4 | | 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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5 | 5 | | 1.5 Section 1. LOCAL ROAD IMPROVEMENT FUND GRANTS; APPROPRIATION. |
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6 | 6 | | 1.6 $250,000,000 is appropriated from the bond proceeds account in the state transportation |
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7 | 7 | | 1.7fund to the commissioner of transportation for: (1) construction and reconstruction of local |
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8 | 8 | | 1.8roads with statewide or regional significance under Minnesota Statutes, section 174.52, |
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9 | 9 | | 1.9subdivision 4, with priority given to projects that will expand the state's ten-ton road system; |
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10 | 10 | | 1.10and (2) grants to assist counties to pay the costs of rural road safety capital improvement |
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11 | 11 | | 1.11projects on county state-aid highways under Minnesota Statutes, section 174.52, subdivision |
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12 | 12 | | 1.124a. |
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13 | 13 | | 1.13 Sec. 2. LOCAL BRIDGE REPLACEMENT AND REHABILITATION; |
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14 | 14 | | 1.14APPROPRIATION. |
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15 | 15 | | 1.15 $150,000,000 is appropriated from the bond proceeds account in the state transportation |
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16 | 16 | | 1.16fund to the commissioner of transportation to match federal money and to replace or |
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17 | 17 | | 1.17rehabilitate local deficient bridges as provided under Minnesota Statutes, section 174.50. |
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18 | 18 | | 1.18This appropriation is for the actual construction, reconstruction, and improvement of local |
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19 | 19 | | 1.19bridges, including (1) design-build contracts and consultant usage, and (2) the cost of actual |
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20 | 20 | | 1.20payments to landowners for lands acquired for highway rights-of-way, payments to lessees, |
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21 | 21 | | 1.21interest subsidies, and relocation expenses. When awarding grants under this appropriation, |
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22 | 22 | | 1.22the commissioner may establish priorities according to the master bridge priority list. |
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23 | 23 | | 1Sec. 2. |
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24 | 24 | | REVISOR JSK/VJ 25-0338802/06/25 |
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25 | 25 | | State of Minnesota |
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26 | 26 | | This Document can be made available |
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27 | 27 | | in alternative formats upon request |
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28 | 28 | | HOUSE OF REPRESENTATIVES |
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29 | 29 | | H. F. No. 2076 |
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30 | 30 | | NINETY-FOURTH SESSION |
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31 | 31 | | Authored by Fogelman and Murphy03/10/2025 |
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32 | 32 | | The bill was read for the first time and referred to the Committee on Capital Investment 2.1 Sec. 3. BOND AUTHORIZATION. |
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33 | 33 | | 2.2 To provide the money appropriated in sections 1 and 2 from the bond proceeds account, |
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34 | 34 | | 2.3the commissioner of management and budget shall sell and issue bonds of the state in an |
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35 | 35 | | 2.4amount up to $400,000,000 in the manner, upon the terms, and with the effect prescribed |
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36 | 36 | | 2.5by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, |
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37 | 37 | | 2.6article XI, sections 4 to 7, at the times and in the amounts requested by the commissioner |
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38 | 38 | | 2.7of transportation. |
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39 | 39 | | 2.8 Sec. 4. EFFECTIVE DATE. |
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40 | 40 | | 2.9 This act is effective the day following final enactment. |
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41 | 41 | | 2Sec. 4. |
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42 | 42 | | REVISOR JSK/VJ 25-0338802/06/25 |
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