SF2185 (Legislative Session 94 (2025-2026))
Local roads and bridges bond issue and appropriation
AI Generated Summary
This bill, S.F. No. 2185, relates to capital investment for local roads and bridges in Minnesota. It proposes the issuance of $400 million in general obligation bonds to fund transportation infrastructure projects. The key provisions include:
Local Road Improvement Program:
- $250 million appropriated from the bond proceeds account in the state transportation fund.
- Funds will be used for:
- Eligible improvements on trunk highway corridor projects.
- Construction and reconstruction of local roads with statewide or regional significance.
- Grants to counties for rural road safety capital improvement projects.
- Eligible improvements on trunk highway corridor projects.
- $250 million appropriated from the bond proceeds account in the state transportation fund.
Local Bridge Replacement Program:
- $150 million appropriated from the bond proceeds account.
- Funds will be used for rehabilitation, construction, or reconstruction of bridges.
- $150 million appropriated from the bond proceeds account.
Bond Authorization:
- The Commissioner of Management and Budget is authorized to sell and issue up to $400 million in state bonds to finance the appropriations in the bill.
- The issuance of these bonds will follow Minnesota Statutes governing bond sales.
- The Commissioner of Management and Budget is authorized to sell and issue up to $400 million in state bonds to finance the appropriations in the bill.
In summary, this bill seeks to finance road and bridge improvement projects by issuing state bonds, with a focus on highway corridors, local roads of significance, and rural road safety enhancements.
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 05, 2025 | Senate | Floor | Action | Introduction and first reading | |
March 05, 2025 | Senate | Floor | Action | Referred to | Capital Investment |
Citations
[ { "analysis": { "added": [ "Funding for construction and reconstruction projects." ], "removed": [], "summary": "This bill allocates funds for transportation projects including local road improvements and bridge replacements, referencing section 174.50.", "modified": [] }, "citation": "174.50" }, { "analysis": { "added": [ "Support for trunk highway corridor projects.", "Grants for construction and reconstruction of roads with significance.", "Assistance for rural road safety improvements on county highways." ], "removed": [], "summary": "Section 174.52 is referenced for trunk highway projects and local road grants, under varying subdivisions.", "modified": [] }, "citation": "174.52" }, { "analysis": { "added": [ "Provision for issuing bonds to fund transportation projects." ], "removed": [], "summary": "The bill authorizes the sale and issuance of bonds, referencing sections 16A.631 to 16A.675 for procedural guidance.", "modified": [] }, "citation": "16A.631 to 16A.675" }, { "analysis": { "added": [ "Constitutional basis for bond terms referenced." ], "removed": [], "summary": "Minnesota Constitution article XI sections 4 to 7 are referenced concerning bond issuance terms and effects.", "modified": [] }, "citation": "article XI sections 4 to 7" } ]