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MN HF200

MN HF200
Town roads and bridges funding provided, bonds issued, and money appropriated.


summary

Introduced
02/10/2025
In Committee
02/10/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for town roads and bridges; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $35 million from state bond proceeds to support infrastructure improvements for town roads and bridges in Minnesota. Specifically, $25 million is allocated for town road projects and $10 million is designated for town bridge projects. The funds will be distributed according to existing state statute 162.081, which governs how transportation funds are allocated to local jurisdictions. The bill also authorizes the commissioner of management and budget to sell and issue state bonds up to $35 million to finance these infrastructure investments, following established procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in compliance with the state constitution. The bill becomes effective immediately after final enactment, enabling quick implementation of the road and bridge funding program to support local transportation infrastructure maintenance and improvements.

Committee Categories

Budget and Finance

Sponsors (8)

Last Action

Author added Gander (on 05/01/2025)

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