HF2116 (Legislative Session 94 (2025-2026))
Corridors of commerce program funding provided, and money appropriated.
Related bill: SF177
AI Generated Summary
Purpose
This bill provides funding from Minnesota’s general fund to support the Corridors of Commerce program, managed by the commissioner of transportation, for two upcoming fiscal years (FY 2026 and FY 2027).
Main provisions
- Appropriates $100,000,000 from the general fund to the commissioner of transportation for the corridors of commerce program.
- Time frame: funding is allocated for fiscal year 2026 and fiscal year 2027.
- Reference: the appropriation is made under Minnesota Statutes section 161.088.
How this amendments fits with existing law
- Maintains the existing Corridors of Commerce program framework as defined in Minnesota Statutes section 161.088.
- Provides new, explicit funding levels for the two specified fiscal years without altering the program’s structure or statutory authorities beyond the appropriation.
Fiscal impact
- Total new funding: $200,000,000 over two years ($100,000,000 in FY 2026 and $100,000,000 in FY 2027).
- Source: general fund.
Effective date
- Not specified in the provided text excerpt.
Relevant Terms - Corridors of Commerce - general fund - commissioner of transportation - Minnesota Statutes section 161.088 - appropriation - fiscal year 2026 - fiscal year 2027 - $100,000,000 - Committee on Transportation Finance and Policy - transportation program funding
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 10, 2025 | House | Action | Introduction and first reading, referred to | Transportation Finance and Policy |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill appropriates $100,000,000 in fiscal year 2026 and $100,000,000 in fiscal year 2027 from the general fund to the commissioner of transportation for the corridors of commerce program, pursuant to Minnesota Statutes section 161.088.",
"modified": []
},
"citation": "161.088",
"subdivision": ""
}
]Progress through the legislative process
In Committee