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MN HF3157
Bill
Status
Introduced
3/17/2014
Primary Sponsor
Jim Abeler
Click for details
AI Summary
- Appropriates $35,000,000 from the bond proceeds account in the trunk highway fund to the Commissioner of Transportation for a grant to Anoka County for phase 1 of the R.A.T.E. project
- R.A.T.E. project acquires property and rights-of-way for the expansion of U.S. Highway 10 in Anoka County
- Authorizes the Commissioner of Management and Budget to sell and issue state bonds up to $35,000,000 according to Minnesota Statutes sections 167.50 to 167.52 and Minnesota Constitution article XIV, section 11
- Bond proceeds, excluding accrued interest and premiums, must be deposited in the bond proceeds account in the trunk highway fund
- Section becomes effective the day following final enactment
Legislative Description
Anoka County; Right-of-Way Acquisition for Ten Expansion (R.A.T.E.) funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Transportation Finance
3/17/2014
Committee Referrals
Transportation Finance3/17/2014
Full Bill Text
No bill text available