HF268 (Legislative Session 94 (2025-2026))

Certain limitations on use of interest or investment income from transportation revenue established.

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This bill proposes restrictions on how the interest or profit generated from investments made by Minnesota’s state-aid funds, specifically those designated for highway and street improvements, can be utilized. The legislation mandates that all earnings from these investments must be directed back into the same funds from which they were gained. Additionally, it requires that all transportation-related revenues at the local government level, including taxes, fees, grants, and loans aimed for transportation projects, must solely be used for transportation purposes. This ensures that the accrued interest or other earnings will be reinvested into local transportation projects, rather than being diverted to other areas of the budget.

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