HF3400

HF3400 (Legislative Session 94 (2025-2026))

Washington County; new interchange at marked Trunk Highway 36 and Lake Elmo Avenue funding provided, bonds issued, and money appropriated.

Related bill: SF3576

AI Generated Summary

Purpose

The bill provides funding to build a new highway interchange in Lake Elmo, Minnesota. It authorizes a grant to the City of Lake Elmo to acquire land and to plan, design, construct, furnish, and equip a new interchange at Trunk Highway 36 and Lake Elmo Avenue (in Washington County). It also authorizes selling state bonds to pay for the project.

Main Provisions

Subdivision 1 – Appropriation:
- Allocates 5,000,000 from the bond proceeds account in the state transportation fund (per Minnesota Statutes section 174.50).
- The money goes to the commissioner of transportation as a grant to the City of Lake Elmo for:
- Property acquisition, and
- Predesign, design, construction, furnishing, and equipping a new interchange at Trunk Highway 36 and Washington County StateAid Highway 17 (Lake Elmo Avenue) in Washington County.
- The appropriation represents the city’s share of the project that is eligible to be funded with general obligation bonds.
Subdivision 2 – Bond Sale:
- The commissioner of management and budget must sell and issue bonds up to 5,000,000 to fund the appropriation.
- Bonds are issued under the standard state bond process and constitutional provisions (Minnesota Statutes sections 16A.631 to 16A.675 and Article XI, sections 4 to 7).

Effect on Existing Law / Significant Changes

Creates a new appropriation and a new authorization to issue up to 5 million in state bonds for the Lake Elmo interchange project.
Relies on existing bond sale procedures and existing statutes for how bonds are issued; it does not add new statutory changes beyond establishing this specific funding and financing for the project.

Relevant context: The bill ties capital investment funding to a specific transportation project and uses the state transportation fund and bond proceeds to finance the city’s share.

Relevant Terms

appropriation
bond proceeds account
state transportation fund
grant
City of Lake Elmo
property acquisition
predesign
design
construct
furnish
equip
interchange
Trunk Highway 36
Lake Elmo Avenue
Washington County
StateAid Highway 17
general obligation bonds
bond sale
Minnesota Statutes 174.50
Minnesota Statutes 16A.631 to 16A.675
Article XI, sections 4 to 7
Commissioner of Transportation
Commissioner of Management and Budget

Bill text versions

Introduction PDF PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
February 17, 2026	House		Action	Introduction and first reading, referred to	Capital Investment

Citations

[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Authorizes the appropriation from the bond proceeds account in the state transportation fund as provided by Minnesota Statutes section 174.50 to fund the Lake Elmo interchange project (property acquisition and design/construction, furnishing and equipment).",
      "modified": []
    },
    "citation": "174.50",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Authorizes the sale and issuance of state bonds (up to $5,000,000) under Minnesota Statutes sections 16A.631 to 16A.675 for financing the appropriation in this act.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]