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Bill > HF1180


MN HF1180

MN HF1180
Minneapolis; Nicollet Avenue Bridge over Minnehaha Creek capital improvements funding provided, bonds issued, and money appropriated.


summary

Introduced
02/19/2025
In Committee
02/19/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for capital improvements to the Nicollet Avenue Bridge over Minnehaha Creek; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $17 million in state bond funding for capital improvements to the Nicollet Avenue Bridge over Minnehaha Creek in Minneapolis. The appropriation will be used for repairing, renovating, and constructing the bridge, and the funding will only become available once the commissioner of management and budget confirms that sufficient non-state resources have been committed to complete the project. To finance this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to $17 million, following the procedures outlined in Minnesota Statutes and the state constitution. The bill specifies that the effective date is the day after final enactment, which means the funding and bond authorization will take effect immediately after the bill is signed into law.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Introduction and first reading, referred to Capital Investment (on 02/19/2025)

bill text


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