Appropriates $200,000,000 for state road construction and authorizes bond issuance.
Allocates $200,000,000 from the bond proceeds account in the trunk highway fund for the construction, reconstruction, and improvement of trunk highways. The commissioner of transportation can use up to 17 percent of the funds for program delivery. The commissioner of management and budget must sell and issue bonds up to $200,000,000 to provide the appropriated funds. The bond proceeds, excluding accrued interest and any premium, must be deposited in the bond proceeds account in the trunk highway fund.
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