16A.88 TRANSIT ASSISTANCE FUND.
Subdivision 1.
Transit assistance fund established. A transit assistance fund is established
within the state treasury. The fund receives money distributed under section
297B.09, subdivision
1
, and other money as specified by law. Money in the fund must be allocated to the greater
Minnesota transit account under subdivision 1a and the metropolitan area transit account under
subdivision 2 in the manner specified in section
297B.09, subdivision 1, and must be used solely
for transit purposes under the Minnesota Constitution, article XIV, section 13.
Subd. 1a.
Greater Minnesota transit account. The greater Minnesota transit account
is established within the transit assistance fund in the state treasury. Money in the account is
annually appropriated to the commissioner of transportation for assistance to transit systems
outside the metropolitan area under section
174.24. The commissioner may use up to $408,000 in
fiscal year 2008 and $416,000 in fiscal year 2009 and thereafter for administration of the transit
program. The commissioner shall use the account for transit operations as provided in section
174.24 and related program administration.
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 the funding of transit systems within the
metropolitan area under sections
473.384,
473.386,
473.387,
473.388, and
473.405 to
473.449.
Subd. 3. [Repealed by amendment,
2007 c 143 art 2 s 1]
History: 1Sp2001 c 5 art 3 s 2; 2002 c 220 art 7 s 7; 1Sp2003 c 19 art 2 s 2; 2007 c 143 art
2 s 1