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MN SF2509

Bill

Status

Introduced

3/10/2014

Primary Sponsor

Mary Kiffmeyer

Click for details

Origin

Senate

88th Legislature 2013-2014

AI Summary

  • Appropriates $32,000,000 from the bond proceeds account in the trunk highway fund to the commissioner of transportation for reconstruction and improvement of the intersection of marked Trunk Highway 101, U.S. Highway 10, and U.S. Highway 169 in Elk River.
  • Authorizes the commissioner of management and budget to sell and issue up to $32,000,000 in state trunk highway bonds to fund the appropriation.
  • Bonds shall be issued according to 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 in the bond proceeds account in the trunk highway fund.
  • Effective the day following final enactment.

Legislative Description

Trunk highway #101, U.S. highway #10 and U.S. Highway #169 intersection construction bond issue and appropriation

Last Action

Author added Benson

3/19/2014

Committee Referrals

Finance3/10/2014

Full Bill Text

No bill text available