This bill proposes a temporary stop on spending any funds on new light rail transit projects in Minnesota. It specifically stops activities like planning, design, engineering, environmental analysis, land buying, and construction. However, this moratorium does not affect the ongoing Southwest light rail Green Line Extension project, nor does it stop payments to contractors for work already done before this bill takes effect. This temporary ban will end once the Southwest Green Line Extension starts operating and making money. Once that happens, the Metropolitan Council needs to inform certain legislative bodies about the commencement date.