SF1867 (Legislative Session 94 (2025-2026))

Interstate Highway 35 and Scott County State-Aid Highway 2 interchange bond issuance and appropriation

Related bill: HF1694

AI Generated Summary

This bill, S.F. No. 1867, is a transportation-related legislative proposal in Minnesota. It appropriates $4,500,000 from the bond proceeds account in the trunk highway fund for the planning, design, environmental review, engineering, and right-of-way acquisition for the reconstruction of an interchange at Interstate Highway 35 and Scott County State-Aid Highway 2.

Additionally, the bill authorizes the Minnesota Commissioner of Management and Budget to sell and issue state bonds up to $4,500,000 to fund the project. The proceeds from these bonds, excluding accrued interest and any premium from sales, will be deposited into the bond proceeds account in the trunk highway fund.

This funding is intended to support the improvement of transportation infrastructure in Scott County.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 26, 2025HouseFloorActionIntroduction and first reading
February 26, 2025SenateFloorActionIntroduction and first reading
February 26, 2025HouseFloorActionReferred toTransportation
February 26, 2025SenateFloorActionReferred toTransportation

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill references the procedures for bond sale as per Minnesota Statutes sections 167.50.",
      "modified": []
    },
    "citation": "167.50",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill references the terms for bond issuance under Minnesota Statutes sections 167.52.",
      "modified": []
    },
    "citation": "167.52",
    "subdivision": ""
  }
]