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HF 1639

as introduced - 92nd Legislature (2021 - 2022) Posted on 04/06/2021 12:56pm

KEY: stricken = removed, old language.
underscored = added, new language.
Line numbers 1.1 1.2 1.3 1.4
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A bill for an act
relating to transportation; capital investment; appropriating money for passenger
rail infrastructure; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text beginPASSENGER RAIL; APPROPRIATION AND BOND SALE
AUTHORIZATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $160,000,000 is appropriated from the bond proceeds
fund to the commissioner of transportation for intercity passenger rail projects on phase I
corridors as identified in the 2015 update to the state rail plan under Minnesota Statutes,
section 174.03, subdivision 1b.
new text end

new text begin (b) This appropriation is for expenditure by the commissioner or for grants to political
subdivisions and is available for: development of rail investment performance measures,
project cost estimating, alternatives analysis, program delivery, design, preliminary and
final engineering, environmental analysis and mitigation, acquisition of land and right-of-way,
and construction.
new text end

new text begin (c) Eligible projects include the Northern Lights Express project between Minneapolis
and St. Paul and Duluth; a second daily Amtrak train service between Minneapolis and St.
Paul and Chicago; passenger rail connection between St. Paul and Minneapolis; intercity
passenger rail between Minneapolis or St. Paul, or both, and Northfield and Albert Lea;
intercity passenger rail between Minneapolis or St. Paul, or both, and Mankato; intercity
passenger rail between Minneapolis or St. Paul, or both, and Moorhead; and intercity
passenger rail between Minneapolis or St. Paul, or both, and Eau Claire, provided that this
appropriation is only available for the Minnesota share of project costs.
new text end

new text begin (d) Money appropriated in this subdivision is available until the project is completed or
abandoned subject to Minnesota Statutes, section 16A.642.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in subdivision 1 from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $160,000,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end