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HF181 (Legislative Session 94 (2025-2026))

Coon Rapids; marked Trunk Highway 610 and East River Road interchange project funding provided, bonds issued, and money appropriated.

Related bill: SF1490

AI Generated Summary

House File No. 181 is a bill in the state of Minnesota that proposes funding for the construction of a new interchange at Trunk Highway 610 and East River Road in Coon Rapids. The bill allocates $10,000,000 from the trunk highway fund for the final design, acquisition of necessary property, construction, and related improvements of the interchange. It also authorizes the state's commissioner of management and budget to issue bonds up to the amount of $10,000,000 to finance these activities. This funding is in addition to previous funds allocated for the same project in earlier legislation from 2020 and 2023. The bond proceeds, after excluding any interests and premiums from the sale, will be deposited into the trunk highway fund's bond proceeds account to be used for this project.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 09, 2025HouseFloorActionIntroduction and first reading, referred toTransportation Finance and Policy

Citations

 
[
  {
    "analysis": {
      "added": [
        "Specific mention of bond issuance terms for funding the highway project."
      ],
      "removed": [],
      "summary": "This bill authorizes the sale and issuance of state bonds in accordance with Minnesota Statutes sections 167.50 to 167.52 for the transportation project.",
      "modified": []
    },
    "citation": "167.50 to 167.52"
  }
]

Sponsors