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HF1694 (Legislative Session 94 (2025-2026))

Interstate Highway 35 and Scott County State-Aid Highway 2 interchange funding provided, bonds issued, and money appropriated.

Related bill: SF1867

AI Generated Summary

This bill, introduced in the Minnesota House of Representatives, appropriates $4.5 million from the bond proceeds account in the trunk highway fund for the planning, design, environmental review, engineering, and right-of-way acquisition for the reconstruction of an interchange at Interstate Highway 35 and Scott County State-Aid Highway 2.

To fund this appropriation, the bill authorizes the sale and issuance of state bonds up to $4.5 million. The Minnesota Commissioner of Management and Budget is directed to issue these bonds in accordance with state statutes and the Minnesota Constitution. The proceeds (excluding accrued interest and any sale premiums) will be deposited in the bond proceeds account in the trunk highway fund.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 26, 2025HouseFloorActionIntroduction and first reading, referred toTransportation Finance and Policy
February 26, 2025HouseFloorActionIntroduction and first reading, referred toTransportation Finance and Policy

Citations

 
[
  {
    "analysis": {
      "added": [
        "This bill authorizes the sale of bonds specifically for the Interstate Highway 35 interchange project."
      ],
      "removed": [
        ""
      ],
      "summary": "This bill references existing law regarding the sale and issuance of state bonds under section 167.50.",
      "modified": [
        ""
      ]
    },
    "citation": "167.50",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "Authorization related to specific transportation project bonds."
      ],
      "removed": [
        ""
      ],
      "summary": "Reference to the conditions and manner of bond sales under section 167.51.",
      "modified": [
        ""
      ]
    },
    "citation": "167.51",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "Use of proceeds designated for highway project planning and design."
      ],
      "removed": [
        ""
      ],
      "summary": "Reference regarding the application of bond proceeds use under section 167.52.",
      "modified": [
        ""
      ]
    },
    "citation": "167.52",
    "subdivision": ""
  }
]

Sponsors