Prohibits Metropolitan Council from issuing certificates of participation for light rail transit guideways in certain counties and requires host.

This bill amends Minnesota Statutes to prohibit the Metropolitan Council from issuing certificates of participation for light rail transit guideways secured by motor vehicle sales tax revenue or investment earnings in specific counties. It mandates that host counties fund certain aspects of guideway development, including planning, design, engineering, and operational costs exceeding federal, state, local government, or other funds dedicated to the guideway. The changes take effect July 1, 2025, and apply to the counties of Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington.

Prohibits Metropolitan Council from issuing certificates of participation for light rail transit guideways in certain counties and requires host.

This bill amends Minnesota Statutes to prohibit the Metropolitan Council from issuing certificates of participation for light rail transit guideways secured by motor vehicle sales tax revenue or investment earnings in specific counties. It mandates that host counties fund certain aspects of guideway development, including planning, design, engineering, and operational costs exceeding federal, state, local government, or other funds dedicated to the guideway. The changes take effect July 1, 2025, and apply to the counties of Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington.