Skip to main content Skip to office menu Skip to footer
Capital IconMinnesota Legislature

HF 4576

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/18/2024 04:39pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14

A bill for an act
relating to capital investment; appropriating money for town roads and bridges;
authorizing the sale and issuance of state bonds.


Section 1. new text begin TOWN ROADS AND BRIDGES.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $35,000,000 is appropriated from the bond proceeds
fund to the commissioner of transportation for town roads and bridges, to be distributed in
the manner provided under Minnesota Statutes, section 162.081. Of this amount, $25,000,000
is for town roads and $10,000,000 is for town bridges.
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 this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $35,000,000 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