HF1921 (Legislative Session 94 (2025-2026))

Hennepin County; Trunk Highway 55 project funding provided, bonds issued, and money appropriated.

Related bill: SF2079

AI Generated Summary

This Minnesota House bill (H.F. No. 1921), authored by Representative Robbins, appropriates $55,000,000 from the bond proceeds account in the trunk highway fund for a transportation project on Trunk Highway 55 in Hennepin County. The funds will be used by the commissioner of transportation for land acquisition, engineering, and reconstruction of Trunk Highway 55 as a four-lane divided highway from Arrowhead Drive in Medina to Hennepin County State-Aid Highway 19 near Loretto.

To finance this project, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to $55,000,000. The proceeds from these bonds (excluding accrued interest and any premiums from the sale) must be deposited in the bond proceeds account in the trunk highway fund in accordance with Minnesota law.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 04, 2025HouseFloorActionIntroduction and first reading, referred toCapital Investment
March 04, 2025HouseFloorActionIntroduction and first reading, referred toCapital Investment
March 09, 2025HouseFloorActionAuthor added
March 23, 2025HouseFloorActionMotion to recall and re-refer, motion prevailedTransportation Finance and Policy

Citations

 
[
  {
    "analysis": {
      "added": [
        "Authorizes a new bond sale up to $55,000,000 for Trunk Highway 55."
      ],
      "removed": [],
      "summary": "The bill references the sale and issuance of state bonds for highway funding under sections 167.50 to 167.52.",
      "modified": [
        "References existing regulations on bond issuance and management."
      ]
    },
    "citation": "167.50 to 167.52",
    "subdivision": ""
  }
]