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Bill > SF437


MN SF437

MN SF437
Local roads improvements and local bridges replacement and rehabilitation appropriations and bond issue


summary

Introduced
01/28/2021
In Committee
01/28/2021
Crossed Over
Passed
Dead
05/23/2022

Introduced Session

92nd Legislature 2021-2022

Bill Summary

A bill for an act relating to transportation; appropriating money for local roads and bridges; authorizing sale and issuance of general obligation bonds.

AI Summary

This bill appropriates $100 million from the bond proceeds account in the state transportation fund to the commissioner of transportation for local road improvements and $100 million for local bridge replacement and rehabilitation. The bill also authorizes the commissioner of management and budget to sell and issue up to $200 million in state general obligation bonds to provide the funding for these local transportation projects. The bill is effective immediately upon final enactment.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to Capital Investment (on 01/28/2021)

bill text


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