Minnesota HF2082 allocates $200,000,000 for state road construction and authorizes bond issuance.
Minnesota HF2082 appropriates $200,000,000 from the bond proceeds account in the trunk highway fund to the commissioner of transportation for state road construction and reconstruction. The bill also authorizes the commissioner of management and budget to sell and issue trunk highway bonds up to $200,000,000. The bond proceeds, excluding accrued interest and any premium, must be deposited in the bond proceeds account in the trunk highway fund. The commissioner may use up to 17 percent of the amount for program delivery.
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