HF2357 (Legislative Session 94 (2025-2026))

Corridors of commerce program allocation requirements modified.

Related bill: SF2606

AI Generated Summary

The bill modifies the allocation requirements for funding under Minnesota's Corridors of Commerce program to ensure regional balance. It changes how transportation project funds are distributed across different regions of the state. Specifically, it sets revised percentages for project funding in three categories:

  1. Metro Projects: At least 25% but no more than 27.5% of funds will be allocated to projects within or directly adjacent to the Twin Cities metropolitan area (bounded by Interstate Highways 494 and 694).

  2. Metro Connector Projects: At least 35% but no more than 37.5% of funds will be allocated to projects outside the core metro area but still within the greater metropolitan counties.

  3. Regional Center Projects: At least 35% but no more than 40% of funds will go to projects outside the metro and metro connector areas.

The commissioner must calculate these allocations based on total program funds over the current and two preceding project selection rounds, including readiness development projects.

This amendment aims to ensure a fair distribution of transportation funding across different regions of Minnesota.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 12, 2025HouseFloorActionIntroduction and first reading, referred toTransportation Finance and Policy
March 12, 2025HouseFloorActionIntroduction and first reading, referred toTransportation Finance and Policy

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill modifies certain allocation requirements under the corridors of commerce program.",
      "modified": [
        "Adjusts regional percentage allocations for project funding under subdivision 4a."
      ]
    },
    "citation": "161.088",
    "subdivision": "subdivision 4a"
  }
]