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MN HF1272
Bill
Status
Introduced
3/5/2013
Primary Sponsor
Patti Fritz
Click for details
AI Summary
- Appropriates $199,000,000 from the bond proceeds account in the trunk highway fund to the commissioner of transportation for four-lane highway expansion.
- Authorizes construction or reconstruction of marked U.S. Highway 14 as a four-lane divided highway from the interchange with U.S. Highway 218 near Owatonna to a point near Dodge Center where Highway 14 already constitutes a four-lane divided highway.
- Authorizes the commissioner of management and budget to sell and issue state bonds up to $199,000,000 to fund the project, with terms prescribed by Minnesota Statutes sections 167.50 to 167.52 and Minnesota Constitution article XIV, section 11.
- Bond proceeds (excluding accrued interest and premium) must be deposited in the bond proceeds account in the trunk highway fund.
- Effective the day following final enactment.
Legislative Description
U.S. Highway 14 segment four-lane expansion funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Transportation Finance
3/5/2013
Committee Referrals
Transportation Finance3/5/2013
Full Bill Text
No bill text available