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MN SF678
Bill
Status
Introduced
1/27/2025
Primary Sponsor
Julia Coleman
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AI Summary
- Appropriates $200,000,000 from trunk highway bond proceeds to the Commissioner of Transportation for construction, reconstruction, and improvement of trunk highways
- Funds may be used for design-build contracts, internal department costs, and consultant services to support construction activities
- Commissioner of Transportation may allocate up to 17 percent of funds for program delivery
- Authorizes the Commissioner of Management and Budget to sell and issue state bonds up to $200,000,000 under Minnesota Statutes sections 167.50-167.52 and the Minnesota Constitution
- Bond proceeds, excluding accrued interest and sale premiums, must be deposited in the bond proceeds account in the trunk highway fund
Legislative Description
State roads construction bond issuance and appropriation
Last Action
Referred to Transportation
1/27/2025
Committee Referrals
Transportation1/27/2025
Full Bill Text
No bill text available