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MN HF3189
Bill
Status
3/16/2016
Primary Sponsor
Matthew Dean
Click for details
AI Summary
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Amends Minnesota Statutes section 222.50 to establish a new freight railroad preservation and improvement grant program administered by the transportation commissioner.
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Eligible grant recipients include Class II and Class III railroads, rail users, and local units of government, regardless of whether they own rail facilities.
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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.
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Individual grants may not exceed 80 percent of total project cost.
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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