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MN HF402
Bill
Status
Introduced
2/6/2013
Primary Sponsor
Paul Rosenthal
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AI Summary
- Appropriates $118,000,000 from the bond proceeds fund to the Metropolitan Council for the Southwest Corridor light rail transit line project
- Funds support environmental studies, preliminary engineering, real property acquisition, and design and construction of the light rail line from downtown Minneapolis to Eden Prairie
- Authorizes the commissioner of management and budget to sell and issue state bonds up to $118,000,000 to provide the appropriated funds
- Bond issuance follows procedures specified in Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7
- Effective date is the day following final enactment
Legislative Description
Southwest Corridor light rail transit line funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Transportation Finance
2/6/2013
Committee Referrals
Transportation Finance2/6/2013
Full Bill Text
No bill text available