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Bill > HF635


MN HF635

Taconite and Pengilly; U.S. Highway 169 segment expansion to a four-lane highway funding provided, bonds issued, and money appropriated.


summary

Introduced
02/13/2025
In Committee
02/13/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to transportation; appropriating money for expansion of a segment of U.S. Highway 169 to a four-lane highway; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $150,000,000 from the bond proceeds account in the trunk highway fund to expand a segment of U.S. Highway 169 between Taconite and Pengilly from a two-lane to a four-lane divided highway. The funds will be used for various project stages including predesign, design, engineering, environmental analysis and remediation, property acquisition (including easements), and construction. To finance this project, the commissioner of management and budget is authorized to sell and issue state bonds up to $150,000,000, following specific statutory and constitutional guidelines. The bond proceeds, excluding accrued interest and any premium, will be deposited into the trunk highway fund's bond proceeds account. The bill becomes effective immediately after final enactment, enabling the Minnesota Department of Transportation to proceed with the highway expansion project.

Committee Categories

Transportation and Infrastructure

Sponsors (4)

Last Action

Introduction and first reading, referred to Transportation Finance and Policy (on 02/13/2025)

bill text


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