Bill
Bill > SF2079
summary
Introduced
03/03/2025
03/03/2025
In Committee
03/03/2025
03/03/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to transportation; appropriating money for a project on Trunk Highway 55 in Hennepin County; authorizing the sale and issuance of state bonds.
AI Summary
This bill appropriates $55 million from the bond proceeds account in the trunk highway fund to reconstruct Trunk Highway 55 as a four-lane divided highway in Hennepin County, specifically from near Hennepin County Road 118 (Arrowhead Drive) in Medina to Hennepin County State-Aid Highway 19 near Loretto. To fund this project, the commissioner of management and budget is authorized to sell and issue state bonds up to $55 million, 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 the day after its final enactment, enabling immediate action on the highway reconstruction project.
Committee Categories
Transportation and Infrastructure
Sponsors (3)
Last Action
Referred to Transportation (on 03/03/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF2079&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=SF2079&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
Loading...