MN SF4717

Allows cities to use dedicated transportation revenues for debt service on obligations issued under Chapter 475, provided the obligations are for allowable transportation uses under Minnesota Statutes section 162.145.

Amends section 162.146 to add a new subdivision allowing cities to use funds distributed under that section for debt service on obligations issued in accordance with Chapter 475 for allowable transportation uses.

Permits metropolitan counties to use transportation funds received under section 174.49, subdivision 5, as debt service for obligations issued under Chapter 475, provided the obligations are for allowable uses under that section.

Maintains existing restrictions that funds must be used only for road construction and maintenance activities, including land acquisition, design, engineering, environmental analysis, reconstruction, and cost participation on road projects.

Excludes debt service funds from state-aid engineering standards and requirements, except for projects on county state-aid highways.