Bill > SF877

This bill appropriates $35 million in state bond proceeds to support town roads and bridges infrastructure, specifically allocating $25 million for town roads and $10 million for town bridges. The funds will be distributed according to existing state statutes (Minnesota Statutes, section 162.081), and the commissioner of management and budget is authorized to sell and issue state bonds to finance these investments. The bonds will be issued in accordance with established state financial procedures outlined in Minnesota Statutes, sections 16A.631 to 16A.675, and in alignment with the Minnesota Constitution's provisions regarding state bonding. The bill becomes effective immediately after final enactment, providing a direct mechanism for local transportation infrastructure improvements by channeling state bond proceeds to town-level road and bridge projects.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0877&ssn=0&y=2025