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HF 3522

as introduced - 90th Legislature (2017 - 2018) Posted on 03/08/2018 02:34pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
 relating to transportation finance; modifying and establishing certain limitations
on use of state funds for transit capital expenditures; amending Minnesota Statutes
2016, sections 16A.88, subdivision 2; 473.375, by adding a subdivision; 473.4051,
subdivision 3.

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

Section 1.

Minnesota Statutes 2016, section 16A.88, subdivision 2, is amended to read:


Subd. 2.

Metropolitan area transit account.

The metropolitan area transit account is
established within the transit assistance fund in the state treasury. All money in the account
is annually appropriated to the Metropolitan Council for deleted text begin the funding ofdeleted text end transit deleted text begin systemsdeleted text end new text begin
system operating expendituresnew text end within the metropolitan area under sections 473.384, 473.386,
473.387, 473.388, and 473.405 to 473.449.

new text begin EFFECTIVE DATE; APPLICATION. new text end

new text begin This section is effective the day following
final enactment and applies in the counties of Anoka, Carver, Dakota, Hennepin, Ramsey,
Scott, and Washington.
 new text end

Sec. 2.

Minnesota Statutes 2016, section 473.375, is amended by adding a subdivision to
read:


new text begin Subd. 19. new text end

new text begin Expenditure of funds for capital costs. new text end

new text begin (a) The council is prohibited from
expending funds for transit capital costs, including capital maintenance, from the following
sources:
 new text end

new text begin (1) state appropriations, including but not limited to general fund appropriations and
appropriations under section 16A.88, subdivision 2; and
 new text end

new text begin (2) operating budget reserves.
 new text end

new text begin (b) The expenditure prohibition under this subdivision does not apply to federal funds.
 new text end

new text begin EFFECTIVE DATE; APPLICATION. new text end

new text begin This section is effective the day following
final enactment for appropriations and reserves encumbered on or after that date and applies
in the counties of Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington.
 new text end

Sec. 3.

Minnesota Statutes 2016, section 473.4051, subdivision 3, is amended to read:


Subd. 3.

Capital costs.

State money deleted text begin maydeleted text end new text begin mustnew text end not be used deleted text begin to pay more than ten percent
ofdeleted text end new text begin fornew text end the deleted text begin totaldeleted text end capital cost of a light rail transit project.

new text begin EFFECTIVE DATE; APPLICATION. new text end

new text begin This section is effective the day following
final enactment for appropriations encumbered on or after that date and applies in the
counties of Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington.
 new text end