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Bill > HF2082
MN HF2082
MN HF2082Funding provided to commissioner of transportation to construct state roads, trunk highway bonds issued, and money appropriated.
summary
Introduced
03/10/2025
03/10/2025
In Committee
03/10/2025
03/10/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to transportation; appropriating money to construct state roads; authorizing the sale and issuance of trunk highway bonds.
AI Summary
This bill provides $200 million in funding for the Minnesota Department of Transportation to construct, reconstruct, and improve trunk highways (state roads). The money will be raised through the sale of state bonds and can be used for design-build contracts, internal department costs, and consultant services. The commissioner of transportation is authorized to use up to 17 percent of the funds for program delivery. The commissioner of management and budget will sell and issue state bonds up to $200 million, following established state statutes and constitutional guidelines. The bond proceeds will be deposited into the trunk highway fund's bond proceeds account, with the exception of accrued interest and any premium from the bond sales. This bill aims to support infrastructure development and maintenance of Minnesota's state road system by providing significant capital investment through bond financing.
Committee Categories
Transportation and Infrastructure
Sponsors (3)
Last Action
Introduction and first reading, referred to Transportation Finance and Policy (on 03/10/2025)
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=HF2082&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF2082&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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