as introduced - 92nd Legislature (2021 - 2022) Posted on 04/26/2021 11:00pm
Engrossments | ||
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Introduction | Posted on 02/18/2021 |
A bill for an act
relating to transportation; capital investment; appropriating money for Twin Cities,
Milwaukee, Chicago (TCMC) passenger rail; authorizing the sale and issuance of
state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$10,000,000 is appropriated from the bond proceeds
fund to the commissioner of transportation for final design and construction to provide for
a second daily Amtrak train service between Minneapolis and St. Paul and Chicago.
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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 $10,000,000 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.
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This section is effective the day following final enactment.
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