Bill

Bill > HF2592


MN HF2592

MN HF2592
Burnsville; marked Trunk Highway 13 and Nicollet Avenue interchange reconstruction project funding provided, bonds issued, and money appropriated.


summary

Introduced
03/20/2025
In Committee
03/20/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to transportation; appropriating money for the interchange reconstruction project at marked Trunk Highway 13 and Nicollet Avenue in Burnsville; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorizes bond issuance for the reconstruction of the interchange at Trunk Highway 13 and Nicollet Avenue in Burnsville, Minnesota. The bill appropriates a total of $44.5 million ($22.25 million from general obligation bonds and $22.25 million from trunk highway bonds) to the commissioner of transportation for the project. The funds will be used for predesign, right-of-way acquisition, design, engineering, and construction of grade separation and other capacity and safety improvements at the interchange. The commissioner of management and budget is authorized to sell and issue state bonds to provide the funding, following specific state statutes and constitutional guidelines. The bond proceeds will be used to support different portions of the project eligible for general obligation and trunk highway funds, with the trunk highway bond proceeds to be deposited into the bond proceeds account in the trunk highway fund.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Introduction and first reading, referred to Capital Investment (on 03/20/2025)

bill text


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