HF1453 (Legislative Session 94 (2025-2026))
Minnesota Valley Regional Rail Authority funding provided, bonds issued, and money appropriated.
Related bill: SF887
AI Generated Summary
This bill proposes appropriating $15 million from the bond proceeds fund to the Minnesota Valley Regional Rail Authority for rehabilitating a section of railroad track between Winthrop and Hanley Falls. The funds may also be used for environmental documentation and remediation, as well as the design and rehabilitation or replacement of bridges and culverts along the route. Additionally, a portion of the grant can serve as matching funds for federal grants.
This appropriation is supplementary to previous funding allocations from multiple legislative sessions. To finance this appropriation, the bill authorizes the Commissioner of Management and Budget to sell and issue state bonds up to $15 million following Minnesota statutes and constitutional provisions.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 23, 2025 | House | Floor | Action | Introduction and first reading, referred to | Capital Investment |
| February 25, 2025 | House | Floor | Action | Author added |
Citations
[
{
"analysis": {
"added": [
"No new subsections were added in these sections by this bill."
],
"removed": [
"No existing provisions were removed from these sections by this bill."
],
"summary": "These sections relate to the powers and responsibilities of the commissioner of transportation regarding grants, loans, or loan guarantees for rail projects.",
"modified": [
"This bill references additional grant applications in these existing sections."
]
},
"citation": "222.46 to 222.62"
},
{
"analysis": {
"added": [
"No new subsections were added in these sections by this bill."
],
"removed": [
"No existing provisions were removed from these sections by this bill."
],
"summary": "These sections outline the procedures related to the sale and issuance of state bonds.",
"modified": [
"This bill applies existing bond sale and issuance procedures to new funding."
]
},
"citation": "16A.631 to 16A.675"
}
]