16A.88 Transit funds.
Subdivision 1. Greater Minnesota transit fund. The greater Minnesota transit fund is established within the state treasury. Money in the fund is annually appropriated to the commissioner of transportation for assistance to transit systems outside the metropolitan area under section 174.24.
Subd. 2. Metropolitan area transit fund. The metropolitan area transit fund is established within the state treasury. All money in the fund is annually appropriated to the metropolitan council for the funding of transit systems within the metropolitan area under sections 473.384, 473.387, 473.388, and 473.405 to 473.449.
Subd. 3. Metropolitan area transit appropriation account. The metropolitan area transit appropriation account is established within the general fund. Money in the account is to be used for the funding of transit systems in the metropolitan area, subject to legislative appropriation.
HIST: 1Sp2001 c 5 art 3 s 2
* NOTE: This section, as added by Laws 2001, First Special *Session chapter 5, article 3, section 2, is effective July 1, *2002. Laws 2001, First Special Session chapter 5, article 3, *section 2, the effective date.
Official Publication of the State of Minnesota
Revisor of Statutes