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MN HF1107
Bill
Status
3/4/2013
Primary Sponsor
Duane Quam
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AI Summary
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Appropriates $160,000,000 from the bond proceeds account in the trunk highway fund to the commissioner of transportation for construction and reconstruction of marked Trunk Highway 14 as a four-lane divided highway
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Project extends from the interchange with Interstate Highway 35 near Owatonna to the point near Dodge Center where Trunk Highway 14 already constitutes a four-lane divided highway southeast of the Trunk Highway 56 intersection
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Authorizes the commissioner of management and budget to sell and issue state bonds up to $160,000,000 to fund the appropriation, in accordance with Minnesota Statutes sections 167.50 to 167.52 and Minnesota Constitution article XIV, section 11
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Bond proceeds, excluding accrued interest and any premium, must be deposited in the bond proceeds account in the trunk highway fund
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Takes effect the day following final enactment
Legislative Description
Owatonna and Dodge Center; Trunk Highway 14 construction funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Transportation Finance
3/4/2013