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SF3263 (Legislative Session 94 (2025-2026))

Hendrum road improvements bond issue and appropriation

Related bill: HF3145

AI Generated Summary

Purpose of the Bill

The bill is intended to finance road improvements in the city of Hendrum, Minnesota. It aims to allocate funds specifically for enhancing the local transportation infrastructure.

Main Provisions

  • Funding Allocation: The bill appropriates $2,000,000 from the state transportation fund's bond proceeds account. This money is designated for the commissioner of transportation to distribute as a grant to the city of Hendrum.
  • Construction and Repairs: The funds will be used for various local road improvements. This includes paving gravel streets, rehabilitating asphalt, and reconstructing damaged roads.

Significant Changes

  • Bond Issuance: The commissioner of management and budget is authorized to sell and issue state bonds up to $2,000,000 to provide the necessary funding for the road improvements. This issuance will follow the procedures and regulations outlined in certain sections of the Minnesota Statutes and Constitution.

Relevant Terms

  • Capital investment
  • Road improvements
  • State bonds
  • Bond proceeds
  • Transportation infrastructure
  • Street paving
  • Asphalt rehabilitation

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
April 03, 2025SenateFloorActionIntroduction and first reading
April 03, 2025SenateFloorActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Appropriation from the bond proceeds account in the state transportation fund is governed by section 174.50.",
      "modified": []
    },
    "citation": "174.50",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The sale and issuance of bonds are prescribed by sections 16A.631 to 16A.675.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee

Sponsors