HF 2316 Summary

• Appropriates $60,000,000 from general fund for corridors of commerce program property acquisition on trunk highways, available for five years as a one-time appropriation.

• Appropriates $25,000,000 each in fiscal years 2018-2019 for small cities assistance program and $12,500,000 each year for town roads and bridges (65% for roads, 35% for bridges).

• Authorizes $1,600,000,000 in state bond sales for corridors of commerce program ($200,000,000 available annually in fiscal years 2018-2025) and $57,024,000 for rail grade separation projects at highway railroad crossings in Moorhead ($42,262,000) and Red Wing ($14,762,000).

• Modifies project selection criteria for corridors of commerce program to require objective evaluation based on return on investment, commerce impacts, freight efficiency, safety, regional connectivity, policy objectives, and community support.

• Establishes greater Minnesota smaller bridges grant program allowing up to $3,000,000 for bridge replacement or rehabilitation projects in greater Minnesota districts, subject to standard procedures and criteria.