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MN HF1871

Bill

Official Source

Status

Introduced

3/1/2017

Primary Sponsor

Paul Torkelson

Click for details

Origin

House of Representatives

90th Legislature 2017-2018

AI Summary

  • The Department of Transportation commissioner must provide loan forgiveness for the $4,300,000 remaining balance on Contract No. 82799 with the Minnesota Valley Regional Rail Authority, originally executed January 28, 2002.

  • The commissioner must cancel all future payments under Contract No. 82799.

  • The commissioner is prohibited from requiring or accepting any additional payments under Contract No. 82799 as of the effective date.

  • This section becomes effective the day following final enactment.

Legislative Description

Transportation Department contract loan forgiveness provided.

Last Action

Introduction and first reading, referred to Transportation Finance

3/1/2017

Committee Referrals

Transportation Finance3/1/2017

Full Bill Text

No bill text available