1.1 A bill for an act
1.2 relating to capital investment; appropriating money for local roads and bridges;
1.3 authorizing sale and issuance of general obligation bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. LOCAL ROAD IMPROVEMENT FUND GRANTS; APPROPRIATION.
1.6 $250,000,000 is appropriated from the bond proceeds account in the state transportation
1.7fund to the commissioner of transportation for: (1) construction and reconstruction of local
1.8roads with statewide or regional significance under Minnesota Statutes, section 174.52,
1.9subdivision 4, with priority given to projects that will expand the state's ten-ton road system;
1.10and (2) grants to assist counties to pay the costs of rural road safety capital improvement
1.11projects on county state-aid highways under Minnesota Statutes, section 174.52, subdivision
1.124a.
1.13 Sec. 2. LOCAL BRIDGE REPLACEMENT AND REHABILITATION;
1.14APPROPRIATION.
1.15 $150,000,000 is appropriated from the bond proceeds account in the state transportation
1.16fund to the commissioner of transportation to match federal money and to replace or
1.17rehabilitate local deficient bridges as provided under Minnesota Statutes, section 174.50.
1.18This appropriation is for the actual construction, reconstruction, and improvement of local
1.19bridges, including (1) design-build contracts and consultant usage, and (2) the cost of actual
1.20payments to landowners for lands acquired for highway rights-of-way, payments to lessees,
1.21interest subsidies, and relocation expenses. When awarding grants under this appropriation,
1.22the commissioner may establish priorities according to the master bridge priority list.
1Sec. 2.
25-01148 as introduced12/09/24 REVISOR JSK/HL
SENATE
STATE OF MINNESOTA
S.F. No. 289NINETY-FOURTH SESSION
(SENATE AUTHORS: ABELER, Jasinski and Dibble)
OFFICIAL STATUSD-PGDATE
Introduction and first reading01/21/2025
Referred to Capital Investment 2.1 Sec. 3. BOND AUTHORIZATION.
2.2 To provide the money appropriated in sections 1 and 2 from the bond proceeds account,
2.3the commissioner of management and budget shall sell and issue bonds of the state in an
2.4amount up to $400,000,000 in the manner, upon the terms, and with the effect prescribed
2.5by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
2.6article XI, sections 4 to 7, at the times and in the amounts requested by the commissioner
2.7of transportation.
2.8 Sec. 4. EFFECTIVE DATE.
2.9 This act is effective the day following final enactment.
2Sec. 4.
25-01148 as introduced12/09/24 REVISOR JSK/HL