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MN HF3163
Bill
Status
3/17/2014
Primary Sponsor
Jason Metsa
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AI Summary
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Appropriates $20,000,000 from the bond proceeds account in the trunk highway fund to the commissioner of transportation for a trunk highway project of regional significance in Department of Transportation District 1
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Authorizes the commissioner of management and budget to sell and issue state bonds up to $20,000,000 to provide funding for the appropriation
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Bond proceeds (excluding accrued interest and premiums) must be deposited in the bond proceeds account in the trunk highway fund
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Bonds shall be issued according to Minnesota Statutes sections 167.50 to 167.52 and Minnesota Constitution article XIV, section 11
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Takes effect the day following final enactment
Legislative Description
Trunk highway projects of regional significance funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Transportation Finance
3/17/2014