1.1 	A bill for an act
1.2 	relating to transportation; appropriating money to construct state roads; authorizing 
1.3 	the sale and issuance of trunk highway bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. STATE ROAD CONSTRUCTION.
 1.6 		Subdivision 1.Appropriation. $200,000,000 is appropriated from the bond proceeds 
1.7 	account in the trunk highway fund to the commissioner of transportation for construction, 
1.8 	reconstruction, and improvement of trunk highways, including for design-build contracts, 
1.9 	internal department costs associated with delivering the construction program, and consultant 
1.10 	usage to support these activities. The commissioner may use up to 17 percent of the amount 
1.11 	for program delivery.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.13 	proceeds account in the trunk highway fund, the commissioner of management and budget 
1.14 	must sell and issue bonds of the state in an amount up to $200,000,000 in the manner, upon 
1.15 	the terms, and with the effect prescribed by Minnesota Statutes, sections 167.50 to 167.52, 
1.16 	and by the Minnesota Constitution, article XIV, section 11, at the times and in the amounts 
1.17 	requested by the commissioner of transportation. The proceeds of the bonds, except accrued 
1.18 	interest and any premium received from the sale of the bonds, must be deposited in the bond 
1.19 	proceeds account in the trunk highway fund.