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MN HF587
Bill
Status
Introduced
2/14/2013
Primary Sponsor
Andrew Falk
Click for details
AI Summary
- Appropriates $10,000,000 from bond proceeds to the commissioner of transportation for a grant to the Minnesota Valley Regional Rail Authority
- Grant funds environmental studies, predesign, design, and rehabilitation of railroad track from Norwood-Young America to Hanley Falls
- Grant is in addition to any other grants, loans, or loan guarantees for the project under Minnesota Statutes sections 222.46 to 222.62
- Authorizes the commissioner of management and budget to sell and issue general obligation bonds up to $10,000,000 to provide the appropriated funds
- Takes effect the day following final enactment
Legislative Description
Minnesota Valley Regional Rail Authority funding provided, bonds issued, and money appropriated.
Last Action
Author added Johnson, C.
3/11/2013
Committee Referrals
Transportation Finance2/14/2013
Full Bill Text
No bill text available