SF1867 (Legislative Session 94 (2025-2026))
Interstate Highway 35 and Scott County State-Aid Highway 2 interchange bond issuance and appropriation
Related bill: HF1694
AI Generated Summary
This bill, S.F. No. 1867, relates to transportation funding in Minnesota. It appropriates $4,500,000 from bond proceeds in the trunk highway fund for the planning, design, environmental review, engineering, and right-of-way acquisition needed for reconstructing the interchange at Interstate Highway 35 and Scott County State Aid Highway 2.
To fund this, the bill authorizes the sale and issuance of state bonds totaling up to $4,500,000, to be managed by the commissioner of management and budget. The bond proceeds (excluding accrued interest and any premium from the sale) will be deposited into the trunk highway fund's bond proceeds account.
This bill was introduced in the Minnesota Senate, referred to the Transportation Committee, and follows statutory provisions under Minnesota Statutes, sections 167.50 to 167.52, and Article XIV, Section 11, of the Minnesota Constitution.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 26, 2025 | Senate | Floor | Action | Introduction and first reading | |
| February 26, 2025 | Senate | Floor | Action | Referred to | Transportation |
Citations
[
{
"analysis": {
"added": [
"Authorization for a bond sale of up to $4,500,000 for the highway interchange project."
],
"removed": [],
"summary": "This bill references the procedures for the sale and issuance of state bonds for highway projects as detailed in sections 167.50 to 167.52.",
"modified": []
},
"citation": "167.50 to 167.52"
}
]