HF4283 (Legislative Session 94 (2025-2026))
North Branch; Interstate Highway 35 and 400th Street interchange funding provided, bonds issued, and money appropriated.
Related bill: SF4484
AI Generated Summary
Purpose
To fund a transportation project in North Branch by providing money and authority for creating an interchange at Interstate Highway 35 and 400th Street.
Main Provisions
- Subdivision 1 – Appropriation:
- appropriates $4,000,000 from the bond proceeds account in the state transportation fund, per Minnesota Statutes section 174.50, to the commissioner of transportation.
- provides a grant to the city of North Branch for predesign, design, and right-of-way acquisition to construct the interchange at I-35 and 400th Street.
- Subdivision 2 – Bond Sale:
- requires the commissioner of management and budget to sell and issue state bonds of up to $4,000,000 to fund the appropriation.
- bonds are to be issued under the terms and effects prescribed by Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution, article XI, sections 4 to 7.
What the Bill Seeks to Accomplish
- Establishes funding (via bond proceeds) for planning and land/rights acquisition needed to build an interchange.
- Enables debt financing through state bonds to support the North Branch interchange project.
Significant Changes to Existing Law
- Creates a new appropriation of $4,000,000 for North Branch’s interchange project.
- Authorizes the sale and issuance of state bonds up to $4,000,000 to finance the appropriation, leveraging the existing bond framework in state law (bond proceeds account, relevant statutes, and constitutional provisions).
Project Details
- Location: Interstate Highway 35 and 400th Street, North Branch.
Financial and Administrative Context
- Source of funds: bond proceeds account in the state transportation fund.
- Oversight and process: bonds issued under Minnesota Statutes 16A.631–16A.675 and Minnesota Constitution Article XI.
Implementation Timeline (implied)
- Not specified in the text; funding and bond issuance are authorized to proceed per the usual statutory process.
Relevant Terms - appropriation - bond proceeds account - state transportation fund - predesign - design - right-of-way acquisition - interchange - Interstate Highway 35 - 400th Street - North Branch - grant - bond sale - management and budget - Minnesota Statutes 174.50 - Minnesota Statutes 16A.631–16A.675 - Minnesota Constitution Article XI, sections 4–7
Bill text versions
- Introduction PDF PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 12, 2026 | House | Action | Introduction and first reading, referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill uses Minnesota Statutes section 174.50 to authorize an appropriation from the bond proceeds account in the state transportation fund to the commissioner of transportation for a grant to the city of North Branch to predesign, design, and acquire right-of-way for an interchange at Interstate 35 and 400th Street.",
"modified": []
},
"citation": "174.50",
"subdivision": ""
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill references Minnesota Statutes sections 16A.631 through 16A.675 regarding the terms and conditions of issuing and selling state bonds to finance the project.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": ""
}
]Progress through the legislative process
In Committee