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MN SF3176

Bill

Official Source

Status

Introduced

3/24/2016

Primary Sponsor

Roger Reinert

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Origin

Senate

89th Legislature 2015-2016

AI Summary

  • Appropriates $4,000,000 from the bond proceeds fund to the commissioner of transportation for engineering completion of the Minneapolis-Duluth Northern Lights Express high-speed passenger rail project
  • Prioritizes maximizing nonstate funding sources before using the state appropriation
  • Authorizes the commissioner of management and budget to sell and issue state bonds up to $4,000,000 to provide the appropriated funds
  • Bond issuance follows Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7
  • Effective the day following final enactment

Legislative Description

Northern lights express high-speed passenger rail project bond issue and appropriation

Last Action

Referred to Capital Investment

3/24/2016

Committee Referrals

Capital Investment3/24/2016

Full Bill Text

No bill text available