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Bill > HF3898


MN HF3898

MN HF3898
Corridors of commerce program funding provided, bonds issued, and money appropriated.


summary

Introduced
02/19/2024
In Committee
02/19/2024
Crossed Over
Passed
Dead
05/20/2024

Introduced Session

93rd Legislature 2023-2024

Bill Summary

A bill for an act relating to capital investment; appropriating money for the corridors of commerce program; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $100 million from the bond proceeds fund to the Minnesota Department of Transportation for the Corridors of Commerce program, which is a program that provides funding for highway projects that improve freight movement and economic development. The bill also authorizes the Commissioner of Management and Budget to sell and issue up to $100 million in state bonds to provide the funding for this program, as permitted by Minnesota statutes and the state constitution.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Introduction and first reading, referred to Transportation Finance and Policy (on 02/19/2024)

Bill Topics

Transportation
  • ‐ Highway Construction, Maintenance, and Safety
  • ‐ Infrastructure

bill text


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