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MN HF226
Bill
Status
1/31/2013
Primary Sponsor
Kim Norton
Click for details
AI Summary
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Appropriates $20,000,000 from state bond proceeds to the commissioner of transportation to match federal funds and replace or rehabilitate local deficient bridges under Minnesota Statutes section 174.50.
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Appropriates $64,000,000 from state bond proceeds to the commissioner of transportation for construction and reconstruction of local roads with statewide or regional significance under Minnesota Statutes section 174.52, subdivision 4.
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Authorizes the commissioner of management and budget to sell and issue up to $84,000,000 in state bonds to fund the appropriations, with proceeds credited to a bond proceeds account in the state transportation fund.
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Allows political subdivisions to use grants for bridge construction, federal aid matching, engineering studies, bridge abandonment costs, and road construction to facilitate bridge abandonment when determined more economical than replacement.
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Takes effect the day following final enactment.
Legislative Description
Roads with statewide or regional significance and local bridges spending authorized, funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Transportation Finance
1/31/2013