HF 4213

as introduced - 90th Legislature (2017 - 2018) Posted on 03/28/2018 01:50pm

A bill for an act
relating to capital investment; establishing certain prerequisites for the Metropolitan
Council and political subdivisions related to application for federal funds for transit
capital projects; amending Minnesota Statutes 2017 Supplement, section 473.4485,
subdivision 1a, by adding a subdivision.

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

Section 1.

Minnesota Statutes 2017 Supplement, section 473.4485, subdivision 1a, is
amended to read:

Subd. 1a.

deleted text begin Guideway deleted text end Capital deleted text begin project deleted text end new text begin projects; new text end requests to legislature.

A state agency
or local unit of government that submits a request to the legislature to obtain state funds for
a guideway new text begin or busway new text end project shall, as part of the request, provide a summary financial
plan for the project that presents the following information as reflected by the data and level
of detail available in the latest phase of project development:

(1) capital expenditures and funding sources for the project, including expenditures to
date and total projected or estimated expenditures, with a breakdown by committed and
proposed sources of funds; and

(2) estimated annual operations and maintenance expenditures for the project, with a
breakdown by committed and proposed sources of funds.

new text begin EFFECTIVE DATE; APPLICATION. new text end

new text begin This section is effective January 8, 2019, for
requests submitted on or after that date. This section applies in the counties of Anoka,
Carver, Dakota, Hennepin, Ramsey, Scott, and Washington.
new text end

Sec. 2.

Minnesota Statutes 2017 Supplement, section 473.4485, is amended by adding a
subdivision to read:

new text begin Subd. 1b. new text end

new text begin Capital projects; federal funding. new text end

new text begin (a) Unless the requirements under
paragraphs (b) to (d) have been met, a state agency and any local unit of government are
prohibited from submitting an application or request for federal funds, or entering into an
agreement that provides federal funds, for a guideway or busway capital project.
new text end

new text begin (b) The state agency or local unit of government must develop a summary financial plan
that meets the requirements under subdivision 1a, and must prepare an estimate of the transit
facility's life cycle cost that, at a minimum:
new text end

new text begin (1) identifies the comprehensive costs of (i) initial construction, including but not limited
to design, engineering, environmental analysis, land acquisition, and construction, and (ii)
capital maintenance, repair, replacement, improvements, and facility expansion;
new text end

new text begin (2) uses the greater of 25 years or the design life of the facility; and
new text end

new text begin (3) is developed using a standard methodology and assumptions that are identified in
detail as part of the analysis.
new text end

new text begin (c) The state agency or local unit of government must submit the financial plan and life
cycle cost estimate to the legislative auditor. The legislative auditor must review the
submission, including the data, assumptions, and methodology, and provide comment to
the state agency or local unit of government.
new text end

new text begin (d) The state agency or local unit of government must make reasonable efforts to present
the financial plan, life cycle cost estimate, and legislative auditor comments to the members
and staff of the legislative committees having jurisdiction over capital investment and
transportation finance, and to the Legislative Commission on Metropolitan Government.
new text end

new text begin (e) This subdivision does not apply to federal funds made available to a state agency or
local unit of government using a formula-based distribution that is not project specific.
new text end

new text begin EFFECTIVE DATE; APPLICATION. new text end

new text begin This section is effective January 8, 2019, for
applications or requests submitted on or after that date and agreements entered into on or
after that date. This section applies in the counties of Anoka, Carver, Dakota, Hennepin,
Ramsey, Scott, and Washington.
new text end