Bill > SF151

This bill authorizes funding and bond issuance for the reconstruction of Trunk Highway 75, specifically the segment connecting the cities of Luverne and Pipestone in Minnesota. The bill appropriates an unspecified amount of money from the bond proceeds account in the trunk highway fund to the commissioner of transportation for the project, which will cover preliminary design, final design, engineering, construction, and reconstruction activities. To finance this project, the commissioner of management and budget is authorized to sell and issue state bonds up to an unspecified amount, following the procedures outlined in Minnesota Statutes sections 167.50 to 167.52 and the state constitution. The bond proceeds, excluding accrued interest and any premium, will be deposited into the bond proceeds account in the trunk highway fund. The bill becomes effective the day after it is enacted, providing a clear timeline for implementation of the highway reconstruction project.

Transportation and Infrastructure

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0151&ssn=0&y=2025