SF781 (Legislative Session 94 (2025-2026))

Byron U.S. Highway 14 intersection improvements bond issue and appropriation

Related bill: HF548

AI Generated Summary

Purpose

  • To provide funding for intersection improvements along marked U.S. Highway 14 in the city of Byron.
  • To authorize the sale and issuance of state bonds to support these improvements.

Main Provisions

  • Subdivision 1 – Appropriation and project scope
    • A total of $2,400,000 from the bond proceeds account in the trunk highway fund is appropriated to the commissioner of transportation.
    • The money funds environmental analysis, predesign, and final design for replacing at-grade intersections with grade-separated interchanges along U.S. Highway 14.
    • The project includes intersections with Olmsted County StateAid Highway 3 and Olmsted County StateAid Highway 5 in the city of Byron.
    • After substantial completion of the environmental analysis, predesign, and design/engineering work, any remaining funds may be used for Minnesota’s share to acquire right-of-way and to construct, furnish, and equip the interchanges and related infrastructure and road work.
  • Subdivision 2 – Bond sale
    • The commissioner of management and budget must sell and issue state bonds up to $2,400,000 to finance the appropriation in subdivision 1.
    • Bond terms follow Minnesota Statutes sections 167.50 to 167.52 and the Minnesota Constitution article XIV, section 11.
    • Proceeds (excluding accrued interest and any sale premium) go into the bond proceeds account in the trunk highway fund.

Significance / Changes to Existing Law

  • Establishes a new targeted funding mechanism (bond issuance) for upgrading specific intersections on U.S. Highway 14 in Byron.
  • Creates a dedicated bond proceeds appropriation and related financing process to support environmental, design, right-of-way, and construction activities for grade-separated interchanges.
  • Codifies where bond proceeds must be deposited and how the bonds are to be issued and governed under existing state statutes and constitutional authority.

Key Terms (from bill text)

  • U.S. Highway 14, Byron
  • grade-separated interchanges
  • at-grade intersections
  • environmental analysis
  • predesign, final design
  • right-of-way
  • Olmsted County StateAid Highway 3 and 5
  • trunk highway bond proceeds / bond proceeds account
  • bond sale / bonds
  • Minnesota Statutes 167.50 to 167.52
  • Minnesota Constitution article XIV section 11

Relevant Terms - U.S. Highway 14 - Byron - grade-separated interchanges - at-grade intersections - environmental analysis - predesign - final design - right-of-way - Olmsted County StateAid Highway 3 - Olmsted County StateAid Highway 5 - bond proceeds account - trunk highway fund - bond sale - bonds - Minnesota Statutes 167.50-167.52 - Minnesota Constitution Article XIV Section 11

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
January 30, 2025SenateActionIntroduction and first reading
January 30, 2025SenateActionReferred toTransportation
February 27, 2025SenateActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill requires the bond sale for the U.S. Highway 14 intersection improvements to be conducted in the manner prescribed by Minnesota Statutes sections 167.50 to 167.52.",
      "modified": []
    },
    "citation": "167.50 to 167.52",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee
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