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MN HF2675

MN HF2675
Metropolitan Council prohibited from issuing certificates of participation in certain situations, and host counties required to fund specified aspects of guideways.


summary

Introduced
03/24/2025
In Committee
03/24/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to transit; prohibiting the Metropolitan Council from issuing certificates of participation in certain situations; requiring host counties to fund specified aspects of guideways; amending Minnesota Statutes 2024, section 473.39, subdivision 7; proposing coding for new law in Minnesota Statutes, chapter 473.

AI Summary

This bill introduces two key changes affecting transportation infrastructure funding in the seven-county metropolitan area of Minnesota (Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington). First, the bill prohibits the Metropolitan Council from issuing certificates of participation (a type of financing mechanism) for guideways (which likely refers to transit infrastructure like light rail) that would be secured by motor vehicle sales tax revenues. Second, the bill establishes new funding responsibilities for host counties where guideways are located. These host counties will now be required to fund various aspects of guideway development that exceed existing dedicated funding, including planning, design, construction, operating costs, and capital maintenance. The bill specifies that host counties must cover costs related to access, safety, reliability, and upkeep that are not covered by existing federal, state, local, or other funding sources. The costs among host counties will be distributed using a proportional methodology agreed upon by those counties. Both provisions will become effective on July 1, 2025, and will specifically apply to the seven counties mentioned above.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Introduction and first reading, referred to Transportation Finance and Policy (on 03/24/2025)

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