1.1 	A bill for an act
1.2 	relating to transit; authorizing temporary transfers from the metropolitan livable 
1.3 	communities fund accounts and the right-of-way loan acquisition fund for 
1.4 	transit operating deficits; modifying funding sources for metropolitan livable 
1.5 	communities fund accounts; amending Minnesota Statutes 2008, section 
1.6 	473.254, subdivision 5.
1.7 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.8 	Section 1. Minnesota Statutes 2008, section 473.254, subdivision 5, is amended to read:
1.9 		Subd. 5.Sources of funds. (a) The council shall credit to the local housing 
1.10 	incentives account any revenues derived from municipalities under subdivision 4, 
1.11 	paragraph (b), clause (1).
1.12 	(b) The council shall credit $1,000,000 of the proceeds of solid waste bonds issued 
1.13 	by the council under Minnesota Statutes, section 473.831, before its repeal, to the local 
1.14 	housing incentives account in the metropolitan livable communities fund. In 1998 and each 
1.15 	year thereafter through 2009, the council shall credit $1,000,000 of the revenues generated 
1.16 	by the levy authorized in section 473.249 to the local housing incentives account.  
1.17 	(c) In 1997, and each year thereafter through 2009, the council shall transfer 
1.18 	$500,000 from the livable communities demonstration account to the local housing 
1.19 	incentives account. In 2010, and each year thereafter, the council shall transfer $1,500,000 
1.20 	from the livable communities demonstration account to the local housing incentives 
1.21 	account.

1.22 	Sec. 2. METROPOLITAN LIVABLE COMMUNITIES FUND; TRANSFERS.
 2.1 	Notwithstanding Minnesota Statutes, sections 473.25 to 473.255, or any other law, 
2.2 	the Metropolitan Council may transfer to its transit operating budget in 2009, 2010, and 
2.3 	2011:
2.4 	(1) up to 75 percent of the revenues and amounts credited, transferred, or distributed 
2.5 	to the metropolitan livable communities fund accounts in 2009, 2010, and 2011 pursuant 
2.6 	to Minnesota Statutes, sections 473.252, 473.253, 473.254, and 473F.08, subdivision 3b, 
2.7 	that are not committed to grant or loan awards made by the council; and
2.8 	(2) balances in the metropolitan livable communities fund accounts in 2009, 2010, 
2.9 	and 2011 that are not committed to grant or loan awards made by the council.
2.10 	The council shall use the amounts transferred to cover operating deficits for the 
2.11 	transit, paratransit, and light rail and commuter rail services provided or assisted by the 
2.12 	council under Minnesota Statutes, sections 473.371 to 473.449. If the council transfers 
2.13 	funds pursuant to this section, the council shall amend the annual distribution plan 
2.14 	described in Minnesota Statutes, section 473.25, paragraph (d), and include information 
2.15 	about the transfer in the annual report required under Minnesota Statutes, section 473.25, 
2.16 	paragraph (e).

2.17 	Sec. 3. RIGHT-OF-WAY LOAN ACQUISITION FUND; TRANSFERS.
 2.18 	Notwithstanding Minnesota Statutes, section 473.167, or any other law, the 
2.19 	Metropolitan Council may transfer to its transit operating budget in 2009, 2010, and 
2.20 	2011 up to 75 percent of the amounts levied and collected in 2009, 2010, and 2011 
2.21 	under Minnesota Statutes, section 473.167, subdivision 3. The council shall use the 
2.22 	amounts transferred to cover operating deficits for the transit, paratransit, and light rail 
2.23 	and commuter rail services provided or assisted by the council under Minnesota Statutes, 
2.24 	sections 473.371 to 473.449.

2.25 	Sec. 4. APPLICATION.
 2.26 	Sections 1 to 3 apply in the counties of Anoka, Carver, Dakota, Hennepin, Ramsey, 
2.27 	Scott, and Washington.

2.28 	Sec. 5. EFFECTIVE DATE.
 2.29 	Sections 1 to 3 are effective the day following final enactment.