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HF876 (Legislative Session 94 (2025-2026))

Luverne to Pipestone; Trunk Highway 75 reconstruction funding provided, bonds issued, and money appropriated.

Related bill: SF151

AI Generated Summary

This bill, authored by Representative Schomacker, focuses on the funding and reconstruction of Trunk Highway 75, which stretches from the city of Luverne to the city of Pipestone in Minnesota. It proposes the appropriation of funds from the trunk highway fund for the preliminary and final design, engineering, construction, and reconstruction of this specific highway segment.

Key provisions of the bill include: 1. Appropriation of Funds: Money will be allocated from the bond proceeds account in the trunk highway fund specifically for the Trunk Highway 75 project. 2. Bond Sale Authorization: The bill authorizes the state's commissioner of management and budget to sell and issue bonds to finance the appropriated funds. The sale and issuance of these bonds will be conducted as prescribed by relevant Minnesota Statutes and the Minnesota Constitution.

The bill has been referred to the Committee on Transportation Finance and Policy for further consideration and action.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 16, 2025HouseFloorActionIntroduction and first reading, referred toTransportation Finance and Policy

Citations

 
[
  {
    "analysis": {
      "added": [
        "Includes provisions for the issuance of bonds for highway projects."
      ],
      "removed": [
        "No existing requirements removed."
      ],
      "summary": "This bill authorizes the sale and issuance of state bonds for highway construction as per sections 167.50 to 167.52.",
      "modified": [
        "Specifies bond sale procedures referencing existing statutes."
      ]
    },
    "citation": "167.50 to 167.52"
  }
]

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