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Bill > HF2357


MN HF2357

MN HF2357
Corridors of commerce program allocation requirements modified.


summary

Introduced
03/13/2025
In Committee
03/13/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to transportation; modifying certain allocation requirements under the corridors of commerce program; amending Minnesota Statutes 2024, section 161.088, subdivision 4a.

AI Summary

This bill modifies the allocation requirements for the Corridors of Commerce program, a transportation funding initiative in Minnesota. The bill changes how transportation project funds are distributed across three regional categories: Metro Projects (25-27.5% of funds), Metro Connector Projects (35-37.5% of funds), and Regional Center Projects (35-40% of funds). Previously, the percentages were calculated using funds from the current and two prior project selection rounds, but the bill removes this provision. The bill also includes a specific instruction for the 2022-2023 project selection round, requiring the commissioner to award remaining funds in a way that most closely achieves the minimum regional allocations for each category. The effective date of the bill is the day after final enactment, and it applies to funds awarded on or after that date, regardless of when the solicitation for projects occurred. These changes aim to ensure a balanced distribution of transportation infrastructure funding across different regions of Minnesota.

Committee Categories

Transportation and Infrastructure

Sponsors (3)

Last Action

Introduction and first reading, referred to Transportation Finance and Policy (on 03/13/2025)

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