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MN HF465
Bill
Status
Introduced
2/11/2013
Primary Sponsor
John Benson
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AI Summary
- Appropriates $50,000,000 from the trunk highway fund bond proceeds account to the commissioner of transportation for constructing additional lanes on Interstate Highway 494 between the Trunk Highway 55 interchange and the East Fish Lake Road bridge
- Authorizes the commissioner of management and budget to sell and issue up to $50,000,000 in state bonds to fund the appropriation, following procedures in 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 into the bond proceeds account in the trunk highway fund
- Effective the day following final enactment
Legislative Description
Interstate Highway 494 additional lane funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Transportation Finance
2/11/2013
Committee Referrals
Transportation Finance2/11/2013
Full Bill Text
No bill text available