1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for intercity passenger rail 
1.3 	projects; authorizing the sale and issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. INTERCITY PASSENGER RAIL PROJECTS.
 1.6 		Subdivision 1.Appropriation. $26,000,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of transportation to implement capital improvements and 
1.8 	betterments for intercity passenger rail projects as identified in the statewide freight and 
1.9 	passenger rail plan under Minnesota Statutes, section 174.03, subdivision 1b, which 
1.10 	are determined to be eligible for United States Department of Transportation funding. 
1.11 	Notwithstanding any law to the contrary, a portion or phase of an intercity passenger 
1.12 	rail project may be accomplished with one or more state appropriations and an intercity 
1.13 	passenger rail project need not be completed with any one appropriation. Capital 
1.14 	improvements and betterments include preliminary engineering, design, engineering, 
1.15 	environmental analysis and mitigation, acquisition of land and right-of-way, and 
1.16 	construction.
1.17 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.18 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.19 	bonds of the state in an amount up to $26,000,000 in the manner, upon the terms, and with 
1.20 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.21 	Minnesota Constitution, article XI, sections 4 to 7.

1.22 	EFFECTIVE DATE. This section is effective the day following final enactment.