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SF877 (Legislative Session 94 (2025-2026))

Town roads and bridges bond issuance and appropriation

Related bill: HF200

AI Generated Summary

Purpose

This bill proposes a capital investment initiative to fund local infrastructure by providing 35 million dollars in state bonds for town roads and town bridges. The money is intended to support improvements to local road and bridge networks and will be allocated to towns according to existing state distribution rules.

Main Provisions

  • Appropriation of funds:
    • 35,000,000 from the bond proceeds fund is appropriated to the commissioner of transportation for town roads and bridges.
    • The money is to be distributed to town roads (25,000,000) and town bridges (10,000,000) in the manner provided by Minnesota Statutes section 162.081.
  • Bond sale:
    • To provide the appropriated funds, the commissioner of management and budget shall sell and issue state bonds up to 35,000,000.
    • 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.

What the Bill Seeks to Accomplish

  • Create a dedicated funding stream for local road and bridge projects by using bond proceeds.
  • Ensure a clear split of funds between town roads and town bridges.
  • Utilize the standard state bond issuance process to raise the money and a defined distribution framework to allocate it to local projects.

Changes to Existing Law

  • Establishes a new appropriation from the bond proceeds fund specifically for town roads and bridges.
  • Ties the distribution of these funds to the existing procedure in Minnesota Statutes section 162.081.
  • Formalizes the bond issuance process for this funding by directing the sale and issuance of bonds under the established bond statutes (16A.631–16A.675) and the state constitution.

Implementation Notes

  • Funding is dispensed to the commissioner of transportation for town roads and town bridges per current statutory distribution rules.
  • The authorization relies on standard state debt authority and bond sale mechanisms, with no new tax or general fund appropriation described.

Relevant Terms bond proceeds fund appropriation town roads town bridges commissioner of transportation Minnesota Statutes section 162.081 bond sale Minnesota Statutes sections 16A.631 to 16A.675 Minnesota Constitution article XI sections 4 to 7 capital investment state bonds distribution mechanisms

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 03, 2025SenateActionIntroduction and first reading
February 03, 2025SenateActionReferred toCapital Investment
April 01, 2025SenateActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill references Minnesota Statutes section 162.081 to govern how bond proceeds are distributed for town roads and bridges.",
      "modified": []
    },
    "citation": "162.081",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill authorizes the sale and issuance of bonds under Minnesota Statutes sections 16A.631 to 16A.675.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee

Sponsors

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