HF2933 (Legislative Session 94 (2025-2026))
Greater Minnesota transit operating assistance funding provided, and money appropriated.
Related bill: SF2957
AI Generated Summary
Purpose of the Bill
The purpose of this bill is to provide financial assistance to transit systems in greater Minnesota, outside the metropolitan areas, to support their operations.
Main Provisions
- The bill allocates $7,500,000 from the general fund for fiscal year 2026.
- The funds are designated for operating assistance for transit systems in greater Minnesota, as outlined in Minnesota Statutes section 174.24.
- This assistance is intended to cover shortfalls when local funding contributions are less than the maximum percentage allowed by law.
- The allocation is a one-time appropriation and will remain available until June 30, 2027.
Significant Changes to Existing Law
- This appropriation is supplementary, acting as a replacement for local funding sources when their contributions do not meet the statutory limits.
- This is a one-time funding, emphasizing the temporary nature of this financial support.
Relevant Terms
- Greater Minnesota transit
- Operating assistance
- Fiscal year 2026
- General fund
- Appropriation
- Minnesota Statutes section 174.24
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 26, 2025 | House | Floor | Action | Introduction and first reading, referred to | Transportation Finance and Policy |
Citations
[ { "analysis": { "added": [], "removed": [], "summary": "This bill appropriates funds for greater Minnesota transit operating assistance under section 174.24.", "modified": [] }, "citation": "174.24", "subdivision": "subdivision 3b" } ]