This legislative bill from Minnesota addresses several financial transfers within the state's transportation sector for fiscal years 2024 and 2025:

1. Highway and Infrastructure Funding: The bill transfers $152,650,000 from the general fund to the trunk highway fund in 2024. This money is designated for matching state funds required to access federal grants available under the Infrastructure Investment and Jobs Act. The funds will be used for highway and related state infrastructure projects.

2. Active Transportation Funding: It includes the transfer of $19,500,000 in 2024, and $19,215,000 in 2025 from the general fund to the active transportation account, which supports transportation modes like walking and biking. The annual base funding for this account will be $8,155,000 in 2026 and $8,284,000 in 2027.

3. Driver and Vehicle Services Funding Transfers:

   • An estimated $232,000 from the driver services operating account, and
   • Approximately $13,454,000 from the vehicle services operating account are to be transferred to the driver and vehicle services operating account by June 30, 2023.

These measures aim to boost Minnesota's transportation infrastructure while ensuring funds are allocated to support active transportation and the operational needs of driver and vehicle services.