Minneslate Logo

HF2951 (Legislative Session 94 (2025-2026))

Maple Grove; marked U.S. Highway 169 and Hennepin County State-Aid Highway 130 interchange funding provided, bonds issued, and money appropriated.

Related bill: SF3255

AI Generated Summary

Purpose of the Bill

The purpose of this bill is to secure funding for improvements to the interchange at U.S. Highway 169 and Hennepin County State Aid Highway 130 in Maple Grove, Minnesota. The improvements aim to enhance traffic capacity and safety.

Main Provisions

  • Funding Appropriation: The bill allocates $12,300,000 from the bond proceeds account within the trunk highway fund. This money is designated for various phases of the interchange project, including predesign, right-of-way acquisition, design engineering, and construction.

  • Bond Issuance: The bill authorizes the sale and issuance of state bonds, up to the amount of $12,300,000, to finance the project. These bonds will be managed according to specified Minnesota statutes and constitutional provisions.

Significant Changes to Existing Law

  • This bill does not introduce new law but facilitates the issuance of state bonds, a financial mechanism already established under existing statutes, to fund the interchange project.
  • The bill specifies that no non-state match is required for this appropriation, meaning the full funding is expected to come from state-issued bonds.

Relevant Terms

  • Transportation
  • Appropriation
  • State Bonds
  • Highway Interchange
  • Maple Grove
  • U.S. Highway 169
  • Hennepin County Highway 130
  • Trunk Highway Fund

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 31, 2025HouseFloorActionIntroduction and first reading, referred toTransportation Finance and Policy

Citations

 
[
  {
    "analysis": {
      "added": [
        "Authorization for sale and issuance of bonds for infrastructure funding."
      ],
      "removed": [
        "Nonstate matching funds requirement for bond proceeds."
      ],
      "summary": "This bill involves the sale and issuance of state bonds under sections 167.50 to 167.52.",
      "modified": [
        "Clarification on the bond sale process and terms."
      ]
    },
    "citation": "167.50",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "Inclusion of additional criteria for bond issuance."
      ],
      "removed": [
        ""
      ],
      "summary": "This bill pertains to provisions under sections 167.50 to 167.52.",
      "modified": [
        "Adjustment of bonding terms to align with new infrastructure projects."
      ]
    },
    "citation": "167.52",
    "subdivision": ""
  }
]

Sponsors