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MN HF800
Bill
Status
2/6/2017
Primary Sponsor
Jim Nash
Click for details
AI Summary
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State pays 50 percent of remaining light rail transit operating costs after operating revenue and federal money are used, but only if the line is in revenue operations as of the bill's effective date or if a state law appropriates funds for project capital costs.
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Light rail transit lines that do not meet these conditions must have all operating and ongoing capital maintenance costs paid entirely from nonstate sources.
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Light rail transit extensions that add additional stops are treated as separate projects or lines for purposes of determining funding requirements.
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The amendment takes effect the day following final enactment and modifies Minnesota Statutes 2016, section 473.4051, subdivision 2.
Legislative Description
Light rail transit operating costs governed.
Last Action
Committee report, to adopt and re-refer to Transportation Finance
2/22/2017