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HF2791 (Legislative Session 94 (2025-2026))

Chisago County; corridor improvements funding provided, bonds issued, and money appropriated.

Related bill: SF2700

AI Generated Summary

Purpose of the Bill

This bill aims to improve transportation infrastructure in Chisago County by funding corridor improvements for specific highways. Additionally, it authorizes the sale and issuance of state bonds to finance these projects.

Main Provisions

  • Funding Appropriations: The bill allocates specific amounts of money from the bond proceeds account in the trunk highway fund to the commissioner of transportation.

    • Interstate Highway 35 and Chisago County State-Aid Highway 19 in Stacy: $30,000,000 is appropriated for various stages including environmental analysis, design, engineering, and construction.
    • Interstate Highway 35 and Chisago County State-Aid Highway 22 in Wyoming: $22,170,000 is appropriated for similar stages of development.

  • Bond Sale Authorization: The bill allows the commissioner of management and budget to sell and issue up to $47,000,000 in state bonds. The proceeds from the sale, after excluding accrued interest and any premiums, will be deposited back into the bond proceeds account in the trunk highway fund to finance the projects outlined.

Significant Changes to Existing Law

The bill includes the financial mechanism for funding infrastructure improvements through bond sales, aligning with existing statutes and constitutional provisions. It provides additional funding through bonds specifically for highway improvements in designated areas of Chisago County.

Relevant Terms

  • Transportation infrastructure
  • Corridor improvements
  • State bonds
  • Interstate Highway 35
  • Chisago County State-Aid Highway 19 and 22
  • Environmental analysis
  • Design and engineering

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 25, 2025HouseFloorActionIntroduction and first reading, referred toTransportation Finance and Policy

Citations

 
[
  {
    "analysis": {
      "added": [
        "Authorization for new bonds specific to transportation projects."
      ],
      "removed": [],
      "summary": "This bill refers to the process of issuing state bonds as prescribed in section 167.50.",
      "modified": []
    },
    "citation": "167.50",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill refers to the process of issuing state bonds as prescribed in section 167.52.",
      "modified": []
    },
    "citation": "167.52",
    "subdivision": ""
  }
]

Sponsors