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MN HF617
Bill
Status
1/30/2017
Primary Sponsor
Peter Fischer
Click for details
AI Summary
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Appropriates $1,100,000 from the bond proceeds fund to the commissioner of transportation for a grant to Minnesota Commercial Railway for railroad track repairs and capital improvements.
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Funds cover approximately 6.5 miles of railroad track on the Minnesota Commercial Railway main running lead between M & D Junction in White Bear Lake and the end of track in Hugo.
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Authorizes the commissioner of management and budget to sell and issue state bonds up to $1,100,000 to provide the appropriated funds, in accordance with Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution.
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Funds must be used to improve and rehabilitate railroad rights-of-way and other rail facilities, whether public or private, as required by Minnesota Constitution article XI, section 5, clause (i).
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Effective date is the day following final enactment.
Legislative Description
Hugo Short Line Railway capital improvement funding provided, bonds issued, and money appropriated.
Last Action
Author added Becker-Finn.
2/2/2017