SF724 (Legislative Session 94 (2025-2026))
Byron U.S. Highway 14 intersection improvements bond issue and appropriation
Related bill: HF2272
AI Generated Summary
The bill discussed proposes allocating funds for improvements at certain intersections along U.S. Highway 14 in Byron, Minnesota. It specifies two types of financial appropriations:
A sum of $5,600,000 from the state transportation fund for general obligation bonds. This money will support environmental assessments, preliminary design, and final design plans for transforming at-grade intersections and traffic signals into grade-separated interchanges at specific spots along the highway. Funds left after these initial stages may then be used for further development such as acquiring land and constructing necessary infrastructure.
An additional $2,400,000 from the trunk highway fund for trunk highway bonds. Similar to the first appropriation, these funds are also intended for environmental, pre-design, and final design work related to the same interchanges, with remaining funds available for subsequent phases of the project.
Both appropriations authorize the state to sell bonds to raise the capital required for these activities, and establish the legal and procedural framework for doing so. The purpose of these improvements is to enhance traffic flow and safety on U.S. Highway 14 in Byron.
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
January 26, 2025 | House | Floor | Action | Introduction and first reading | |
January 26, 2025 | Senate | Floor | Action | Introduction and first reading | |
January 26, 2025 | House | Floor | Action | Referred to | Capital Investment |
January 26, 2025 | Senate | Floor | Action | Referred to | Capital Investment |
Citations
[ { "analysis": { "added": [], "removed": [], "summary": "This bill references the general conditions for the sale and issuance of state bonds under section 16A.631.", "modified": [] }, "citation": "16A.631", "subdivision": "" }, { "analysis": { "added": [], "removed": [], "summary": "The bill specifies procedures relating to the handling of state bond proceeds as per section 16A.675.", "modified": [] }, "citation": "16A.675", "subdivision": "" }, { "analysis": { "added": [], "removed": [], "summary": "The legislation involves the sale and issuance of trunk highway bonds as described in section 167.50.", "modified": [] }, "citation": "167.50", "subdivision": "" }, { "analysis": { "added": [], "removed": [], "summary": "The bill refers to the conditions regarding the expenditure of trunk highway bond proceeds under section 167.52.", "modified": [] }, "citation": "167.52", "subdivision": "" }, { "analysis": { "added": [], "removed": [], "summary": "The bill refers to procedures specified in Minnesota Constitution Article XI, sections 4 to 7 regarding state debt and borrowing.", "modified": [] }, "citation": "Minnesota Constitution article XI", "subdivision": "sections 4 to 7" }, { "analysis": { "added": [], "removed": [], "summary": "Specifies requirements for trunk highway bonds as per Minnesota Constitution Article XIV, section 11.", "modified": [] }, "citation": "Minnesota Constitution article XIV", "subdivision": "section 11" } ]