Bill

Bill > HF761


MN HF761

MN HF761
Local road and bridge funding provided, bonds issued, and money appropriated.


summary

Introduced
02/04/2021
In Committee
02/04/2021
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 state transportation fund's bond proceeds account to the Minnesota Department of Transportation for two purposes: (1) construction and reconstruction of local roads with statewide or regional significance, with priority given to projects that will expand the state's ten-ton road system, and (2) grants to assist counties with the costs of rural road safety capital improvement projects on county state-aid highways. The bill also appropriates $100 million from the same account to match federal money and replace or rehabilitate local deficient bridges. Additionally, the bill authorizes the Commissioner of Management and Budget to sell and issue up to $200 million in state bonds to provide the appropriated funds. The bill takes effect immediately upon final enactment.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Introduction and first reading, referred to Transportation Finance and Policy (on 02/04/2021)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...