summary
Introduced
02/13/2025
02/13/2025
In Committee
02/13/2025
02/13/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to capital investment; appropriating money for the Progress Parkway project in the city of Eveleth; authorizing the sale and issuance of state bonds.
AI Summary
This bill appropriates $8,000,000 from the state transportation fund bond proceeds to the commissioner of transportation for a specific infrastructure project in Eveleth, Minnesota. The funding will support the Progress Parkway project, which includes predesign, design, engineering, environmental analysis, land acquisition, construction, and reconstruction of a roadway. The project aims to improve intersections and realign and extend the road from U.S. Highway 53 and St. Louis County State-Aid Highway 142 to Trunk Highway 37 and Station 44 Road. This appropriation is in addition to a previous funding allocation for the same project in a 2023 law. The bill also authorizes the commissioner of management and budget to sell and issue state bonds up to $8,000,000 to fund the project, following standard state bonding procedures outlined in Minnesota Statutes. The bill would become effective the day after its final enactment.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Capital Investment (on 02/13/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1255&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1255&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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