Minnesota SF1104 appropriates $300 million for the corridors of commerce program and authorizes bond issuance.

Minnesota SF1104 allocates $300 million from the bond proceeds account in the trunk highway fund to the commissioner of transportation for the corridors of commerce program. The commissioner may use up to 17% of the funds for program delivery. The commissioner of management and budget must sell and issue state bonds up to $300 million to provide the appropriated funds, following the terms and conditions set by Minnesota Statutes.

Minnesota SF1104 appropriates $300 million for the corridors of commerce program and authorizes bond issuance.

Minnesota SF1104 allocates $300 million from the bond proceeds account in the trunk highway fund to the commissioner of transportation for the corridors of commerce program. The commissioner may use up to 17% of the funds for program delivery. The commissioner of management and budget must sell and issue state bonds up to $300 million to provide the appropriated funds, following the terms and conditions set by Minnesota Statutes.