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MN HF2640
Bill
Status
5/4/2017
Primary Sponsor
Dave Baker
Click for details
AI Summary
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Appropriates funds from the general fund to the commissioner of transportation to construct marked Trunk Highway 23 as a four-lane divided highway in two segments: near New London to southwest of Paynesville, and northeast of Paynesville to southwest of Richmond.
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Makes the appropriated amount available for seven years, notwithstanding the standard limitation in Minnesota Statutes section 16A.28.
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Authorizes the commissioner of management and budget to sell and issue state bonds in an amount to be determined to fund the highway construction from the bond proceeds fund.
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Specifies that bond issuance shall follow the procedures prescribed by Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7.
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Takes effect the day following final enactment.
Legislative Description
Trunk Highway 23 construction funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Transportation Finance
5/4/2017