Bill > SF887

This bill appropriates $15,000,000 from state bond proceeds to the Minnesota Department of Transportation for a grant to the Minnesota Valley Regional Rail Authority. The grant is specifically intended to rehabilitate railroad track between the towns of Winthrop and Hanley Falls, with additional allowable uses including environmental documentation, remediation, predesign, design, and bridge rehabilitation or replacement. The funds can also be used as matching funds for federal grants. This appropriation is supplemental to previous rail infrastructure grants made to the authority in various legislative sessions. The commissioner of management and budget is authorized to sell and issue state bonds up to $15,000,000 to fund this project, following standard state bonding procedures outlined in Minnesota statutes and constitutional provisions. The bill becomes effective immediately after final enactment, providing the Minnesota Valley Regional Rail Authority with financial resources to improve and maintain its regional rail infrastructure.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0887&ssn=0&y=2025