Minnesota HF2675 prohibits the Metropolitan Council from issuing certain debt obligations and requires host counties to fund specific guideway costs.

Minnesota HF2675 amends state law to prohibit the Metropolitan Council from issuing certificates of participation for light rail transit guideways secured by motor vehicle sales tax revenue or earnings from investments of such revenues. Effective July 1, 2025, host counties must fund guideway planning, design, engineering, construction, prerevenue operations, and capital maintenance, replacement, and modernization costs that exceed federal, state, local government, or other dedicated funds. This applies to the counties of Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington.

Minnesota HF2675 prohibits the Metropolitan Council from issuing certain debt obligations and requires host counties to fund specific guideway costs.

Minnesota HF2675 amends state law to prohibit the Metropolitan Council from issuing certificates of participation for light rail transit guideways secured by motor vehicle sales tax revenue or earnings from investments of such revenues. Effective July 1, 2025, host counties must fund guideway planning, design, engineering, construction, prerevenue operations, and capital maintenance, replacement, and modernization costs that exceed federal, state, local government, or other dedicated funds. This applies to the counties of Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington.