Minnesota Senate Bill SF480 Latest Draft

                            1.1	A bill for an act​
1.2 relating to capital investment; appropriating money for the corridors of commerce​
1.3 program; authorizing the sale and issuance of state bonds.​
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.5 Section 1. CORRIDORS OF COMMERCE.​
1.6 Subdivision 1.Appropriation.$100,000,000 is appropriated from the bond proceeds​
1.7fund to the commissioner of transportation for the corridors of commerce program under​
1.8Minnesota Statutes, section 161.088.​
1.9 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond​
1.10proceeds fund, the commissioner of management and budget shall sell and issue bonds of​
1.11the state in an amount up to $100,000,000 in the manner, upon the terms, and with the effect​
1.12prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota​
1.13Constitution, article XI, sections 4 to 7.​
1​Section 1.​
25-01155 as introduced​12/10/24 REVISOR JSK/DG​
SENATE​
STATE OF MINNESOTA​
S.F. No. 480​NINETY-FOURTH SESSION​
(SENATE AUTHORS: HOUSLEY, Limmer, Pappas, Jasinski and Dibble)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​01/21/2025​
Referred to Capital Investment​