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SF2559 (Legislative Session 94 (2025-2026))

Hawley local road improvements bond issue and appropriation

Related bill: HF2267

AI Generated Summary

Purpose of the Bill

The bill aims to allocate funds for local road improvements in the city of Hawley, Minnesota. It includes both engineering and construction activities to enhance the infrastructure within the city.

Main Provisions

  • Funding Allocation: The bill proposes an appropriation of $2,000,000 specifically for the city of Hawley. These funds are intended for the engineering, construction, reconstruction, and equipping related to the rehabilitation of certain roads.

  • Targeted Roads: The roads targeted for improvements are 8th Street South, Sunset Boulevard, and Joseph Street, including necessary enhancements to the associated stormwater drainage systems.

  • Bond Issuance: To finance this project, the bill authorizes the sale and issuance of state bonds up to the amount of $2,000,000. This is managed by the commissioner of management and budget according to specific state statutes and constitutional guidelines.

Significant Changes

  • The bill facilitates the allocation of funds through the issuance of bonds, which is a method for the state to generate the necessary capital for large-scale infrastructure projects without relying on current budgetary allocations alone.

Relevant Terms

  • Capital investment
  • Local road improvements
  • City of Hawley
  • State bonds
  • Infrastructure rehabilitation
  • Stormwater drainage improvements

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 12, 2025SenateFloorActionIntroduction and first reading
March 12, 2025SenateFloorActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [
        "Specification of bond sale procedures for new appropriations."
      ],
      "removed": [
        "None"
      ],
      "summary": "This statute outlines procedures for the sale and issuance of state bonds.",
      "modified": [
        "Clarifies issuance requirements in line with recent legislative changes."
      ]
    },
    "citation": "16A.631"
  },
  {
    "analysis": {
      "added": [
        "New guidelines on budget and management controls during bond sales."
      ],
      "removed": [
        "None"
      ],
      "summary": "This statute prescribes management and budget controls over bond issuance.",
      "modified": [
        "Updates in procedural steps for money control from bond proceeds."
      ]
    },
    "citation": "16A.675"
  }
]

Sponsors