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SF68 (Legislative Session 94 (2025-2026))

Becker township U.S. Highway 10 and Sherburne County State-Aid Highway 11 bond issuance and appropriation

Related bill: HF524

AI Generated Summary

The bill in question, SF No 68, is a legislative proposal in the state of Minnesota aiming to allocate funds for the construction of an interchange at US Highway 10 and Sherburne County State-Aid Highway 11 in Becker Township. It outlines financial appropriations and the authorization for bond sales to fund the project.

Specifically, the bill provides: 1. A total of $2,500,000 from bond proceeds for acquiring property, environmental documentation, and engineering related to the local road components of the interchange. 2. Another $2,500,000 is appropriated from the trunk highway bond proceeds for similar purposes but focused on the trunk highway parts of the interchange.

The bill also includes provisions for the state's commissioner of management and budget to sell and issue bonds up to the amount of $5,000,000 to provide the necessary funding for the project. These bonds will be issued in accordance with relevant sections of Minnesota statutes and the state constitution.

In simple terms, this bill is about providing government funding and organizing the finances needed through bond sales for a road improvement project at a specific township in Minnesota.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
January 15, 2025SenateFloorActionIntroduction and first reading
January 15, 2025SenateFloorActionReferred toTransportation

Citations

 
[
  {
    "analysis": {
      "added": [
        "Clarification on when the appropriation is available."
      ],
      "removed": [],
      "summary": "This section of the bill involves the stipulation that funds are committed as required by section 16A.502 before the project can proceed.",
      "modified": []
    },
    "citation": "16A.502"
  },
  {
    "analysis": {
      "added": [
        "Application to new bond sale for Sherburne interchange project."
      ],
      "removed": [],
      "summary": "This bill refers to the general procedures involved in the sale and issuance of state bonds.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675"
  },
  {
    "analysis": {
      "added": [
        "Use of trunk highway fund bond issuance procedures for project."
      ],
      "removed": [],
      "summary": "This reference pertains to specific procedures for issuing bonds related to trunk highway funds.",
      "modified": []
    },
    "citation": "167.50 to 167.52"
  }
]

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