Bill

Bill > HF876


MN HF876

MN HF876
Luverne to Pipestone; Trunk Highway 75 reconstruction funding provided, bonds issued, and money appropriated.


summary

Introduced
02/17/2025
In Committee
02/17/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to transportation; appropriating money for reconstruction of Trunk Highway 75 from the city of Luverne to the city of Pipestone; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorization for reconstructing Trunk Highway 75 between the cities of Luverne and Pipestone in Minnesota. The bill appropriates an unspecified amount of money from the bond proceeds account in the trunk highway fund to the commissioner of transportation for the project, which will cover preliminary design, final design, engineering, construction, and reconstruction of the highway segment. To fund this project, the commissioner of management and budget is authorized to sell and issue state bonds up to an unspecified amount, following the procedures outlined in Minnesota Statutes sections 167.50 to 167.52 and the Minnesota Constitution. The bond proceeds, excluding accrued interest and any premium, will be deposited into the bond proceeds account in the trunk highway fund. The bill becomes effective immediately after its final enactment, enabling the transportation department to begin the highway reconstruction project.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Introduction and first reading, referred to Transportation Finance and Policy (on 02/17/2025)

bill text


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