This legislative bill from Minnesota requires a detailed analysis before selecting any new guideway (like a bus rapid transit line or other mass transit options). This analysis must compare the proposed guideway project with other potential alternatives, such as different types of bus services or non-transit options like road expansions. The bill mandates that this cost-benefit analysis includes details like estimated ridership, revenue expectations, maintenance costs, economic benefits, construction timeline impacts, potential for accidents, and environmental effects among others. This analysis must be completed by the government unit responsible for the project and submitted to various state departments and legislative committees for review. The goal is to ensure that before a guideway project is selected as the preferred option, a comprehensive evaluation of its costs, benefits, and impacts compared to other alternatives is well-documented and accessible to the public.