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MN HF4734
Bill
Status
3/7/2024
Primary Sponsor
Alicia Kozlowski
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AI Summary
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$10,000,000 appropriated from bond proceeds fund to the commissioner of transportation for capital assistance to publicly owned greater Minnesota transit systems.
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Funds may be used to acquire property and to predesign, construct, furnish, and equip transit capital facilities under Minnesota Statutes, section 174.24, subdivision 3c.
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Commissioner of management and budget authorized to sell and issue state bonds up to $10,000,000 to provide the appropriated funds.
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Bond sale and issuance governed by Minnesota Statutes, sections 16A.631 to 16A.675, and Minnesota Constitution, article XI, sections 4 to 7.
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Effective the day following final enactment.
Legislative Description
Greater Minnesota transit systems capital improvements funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Capital Investment
3/7/2024