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Bill > HF1364
MN HF1364
MN HF1364Local road wetland replacement program funding provided, bonds issued, and money appropriated.
summary
Introduced
02/24/2025
02/24/2025
In Committee
02/24/2025
02/24/2025
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 local road wetland replacement program; authorizing the sale and issuance of state bonds.
AI Summary
This bill provides funding and establishes a program for wetland replacement related to local road infrastructure in Minnesota. Specifically, the bill appropriates $15,000,000 from bond proceeds and $11,500,000 from the general fund in fiscal year 2026, and an additional $15,000,000 from the general fund in fiscal year 2027 to the Board of Water and Soil Resources. The funds will be used to acquire land or permanent easements and to restore, create, enhance, and preserve wetlands that have been drained or filled during public road repair, reconstruction, replacement, or rehabilitation. The board is granted flexibility to prioritize wetland replacement and may enter into agreements with various entities, including federal agencies, state agencies, political subdivisions, and nonprofit organizations, to acquire wetland replacement credits. The bill also authorizes the commissioner of management and budget to sell and issue state bonds up to $15,000,000 to support the program. The purchase of land or easements must be at fair market value, and the board can implement in-lieu fee agreements approved by the U.S. Army Corps of Engineers under the federal Clean Water Act. The bill becomes effective the day following its final enactment.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Introduction and first reading, referred to Capital Investment (on 02/24/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1364&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF1364&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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