SF1279

SF1279 (Legislative Session 94 (2025-2026))

Transportation economic development infrastructure program bond issue and appropriation

Related bill: HF1173

AI Generated Summary

This legislative bill, S.F. No. 1279, proposes a financial plan to support transportation-related economic development in Minnesota. It involves the allocation of $5 million from the state's bond proceeds fund. This money is intended for grants that will be managed by the Commissioner of Transportation, following specific statutes. To fund this, the bill authorizes the sale and issuance of state bonds up to the amount of $5 million. This action is governed by existing Minnesota laws and constitutional provisions related to state bonding.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
February 12, 2025	Senate	Floor	Action	Introduction and first reading
February 12, 2025	Senate	Floor	Action	Referred to	Capital Investment

Citations

[
  {
    "analysis": {
      "added": [
        "Provides specific appropriations for infrastructure grants."
      ],
      "removed": [],
      "summary": "The bill appropriates funds for the transportation economic development infrastructure program under section 116J.436.",
      "modified": []
    },
    "citation": "116J.436"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill addresses the sale and issuance of bonds in accordance with section 16A.631.",
      "modified": [
        "Clarifies terms and procedures for bond issuance."
      ]
    },
    "citation": "16A.631"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill references bond issuance practices under section 16A.675.",
      "modified": []
    },
    "citation": "16A.675"
  }
]