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MN HF2686

Bill

Official Source

Status

Introduced

3/5/2012

Primary Sponsor

Mary Liz Holberg

Click for details

Origin

House of Representatives

87th Legislature 2011-2012

AI Summary

  • Authorizes the metropolitan council to issue certificates of indebtedness, bonds, or other obligations not exceeding $35,400,000 after July 1, 2012 for transit and paratransit capital expenditures and related issuance costs.

  • Requires obligations to be used for capital expenditures outlined in the council's transit capital improvement program.

  • Applies to Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington counties.

  • Becomes effective the day following final enactment.

Legislative Description

Metropolitan area transit and paratransit capital expenditure provided, and obligations authorized.

Last Action

Referred by Chair to Property and Local Tax Division

3/6/2012

Committee Referrals

Property and Local Tax3/6/2012
Taxes3/5/2012

Full Bill Text

No bill text available