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MN HF587

Bill

Status

Introduced

2/14/2013

Primary Sponsor

Andrew Falk

Click for details

Origin

House of Representatives

88th Legislature 2013-2014

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