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MN HF3189

Bill

Status

Introduced

3/16/2016

Primary Sponsor

Matthew Dean

Click for details

Origin

House of Representatives

89th Legislature 2015-2016

AI Summary

  • Amends Minnesota Statutes section 222.50 to establish a new freight railroad preservation and improvement grant program administered by the transportation commissioner.

  • Eligible grant recipients include Class II and Class III railroads, rail users, and local units of government, regardless of whether they own rail facilities.

  • Commissioner must prioritize grants for projects identified in subdivision 7, segments with low rail service use, and applicants contributing more than 20 percent of total project cost from non-state and non-federal sources.

  • Individual grants may not exceed 80 percent of total project cost.

  • Appropriates $4,500,000 from bond proceeds to fund the grant program and authorizes issuance of state bonds up to $4,500,000 for this purpose.

Legislative Description

Freight railroad preservation and improvement grant funding provided, bonds issued, and money appropriated.

Last Action

Author added Runbeck.

4/25/2016

Committee Referrals

Capital Investment4/1/2016
Transportation Finance and Policy3/16/2016

Full Bill Text

No bill text available