SF2606 (Legislative Session 94 (2025-2026))
Certain allocation requirements under the corridors of commerce program modification
Related bill: HF2357
AI Generated Summary
Purpose of the Bill
This bill aims to modify the allocation requirements under Minnesota's Corridors of Commerce program to ensure equitable distribution of transportation funding across different regions of the state.
Main Provisions
Regional Balance in Project Funding: The bill mandates that the allocation of funds under the Corridors of Commerce program is balanced across three categories:
- Metro Projects: These are projects located within or directly adjacent to the areas bounded by Interstate Highways 494 and 694. They must receive at least 25% and no more than 27.5% of total available funds.
- Metro Connector Projects: These projects are primarily within a greater metropolitan county but not included in the metro projects category. They are allocated at least 35% and no more than 37.5% of the funds.
- Regional Center Projects: These include projects outside the previously mentioned categories and are allocated at least 35% and no more than 40% of the funds.
Calculation Method: The distribution of funds must be calculated using data from the current and the previous two consecutive project selection rounds. This ensures a rolling calculation that considers a full scope of projects and funds over time.
Significant Changes to Existing Law
The amendment to Minnesota Statutes 2024 section 161.088 subdivision 4a introduces specific percentage ranges for fund allocations, emphasizing regional balance across metro, metro connector, and regional center projects. This is a change from potentially more flexible or vague previous allocation methods, ensuring that no category disproportionately receives funding at the expense of regional equity.
Relevant Terms
- Corridors of Commerce program
- Regional balance
- Metro Projects
- Metro Connector Projects
- Regional Center Projects
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 16, 2025 | Senate | Floor | Action | Introduction and first reading | |
March 16, 2025 | Senate | Floor | Action | Referred to | Transportation |
Citations
[ { "analysis": { "added": [], "removed": [], "summary": "This bill modifies allocation requirements under the corridors of commerce program in Minnesota Statutes section 161.088, subdivision 4a.", "modified": [ "Adjusts the funding allocation percentages for Metro Projects, Metro Connector Projects, and Regional Center Projects." ] }, "citation": "161.088", "subdivision": "subdivision 4a" } ]