SF841 (Legislative Session 94 (2025-2026))
Benton County road improvement project bond issue and appropriation
AI Generated Summary
Purpose
The bill provides funding for a road construction project in Benton County. Specifically, it aims to extend County StateAid Highway (CSAH) 29 to create a new roadway connection between CSAH 1 and CSAH 3 as part of the Beltline Corridor project in the greater St. Cloud area.
Main Provisions
- Appropriation: It appropriates $8,750,000 from the bond proceeds fund to the commissioner of transportation to grant Benton County for the CSAH 29 extension project (creating the new connection between CSAH 1 and CSAH 3 as part of the Beltline Corridor).
- Bonding authorization: It authorizes the sale and issuance of state bonds in an amount up to $8,750,000 to fund the appropriation. The bond sale must follow the terms and effects described in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution article XI sections 4 to 7.
Financial Details and Fiscal Mechanisms
- Source of funds: Bond proceeds fund.
- Responsible agencies: Commissioner of Transportation (to use the funds as a grant to Benton County) and the Commissioner of Management and Budget (to oversee the sale and issuance of bonds).
- Legal framework: Bond issuance and the project must comply with Minnesota statutes on debt issuance and the state constitution.
Significant Changes to Existing Law
- This bill would introduce a new appropriation and a new bonding authorization for a specific Benton County highway project within the Beltline Corridor. It creates a funding mechanism (bond proceeds) and uses debt financing to support infrastructure in the St. Cloud area. No broad statutory changes are described; rather, it adds a targeted capital investment project and the associated debt authority.
Relevant Terms - Benton County - CSAH 29 - CSAH 1 - CSAH 3 - Beltline Corridor - St. Cloud Area - road extension / new roadway connection - grant - appropriation - bond proceeds fund - bonds / bond sale - commissioner of transportation - commissioner of management and budget - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution article XI sections 4 to 7 - capital investment - Beltline Corridor project - bond issuance
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 30, 2025 | Senate | Action | Introduction and first reading | ||
| January 30, 2025 | Senate | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "The bill authorizes a bond sale under the terms of Minnesota Statutes sections 16A.631 to 16A.675 to fund an appropriation of $8,750,000 for Benton County to construct an extension of CSAH 29 as part of the Beltline Corridor project, with the sale and issuance of state bonds by the Commissioner of Management and Budget.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": ""
}
]Progress through the legislative process
In Committee