HF605 Summary

• Authorizes the commissioner to set aside up to 2 percent of transportation funds annually for research, including bridge-monitoring and inspection technology, and requires $1,200,000 maximum annual spending for the University of Minnesota Center for Transportation Studies.

• Requires the commissioner to submit a biennial bridge inspection quality assurance report by February 1 of odd-numbered years detailing quality control procedures, findings, actions taken, and Federal Highway Administration compliance.

• Mandates development of a debt-financing management policy by July 1, 2010 governing trunk highway bonds and federal advanced construction funds, addressing debt limits, project eligibility, fund allocation, and repayment terms.

• Establishes that the commissioner must revise the statewide multimodal transportation plan by January 1, 2016 and every six years thereafter, incorporating state transportation goals, objectives, and performance targets.

• Requires preparation of a 20-year statewide highway capital investment plan by July 2012 with performance measures for bridge and pavement preservation, safety, and mobility, including trend analysis and investment strategies.