HF 4947

05/29/25   REVISOR  KRB/VJ  25-05686
This Document can be made available
in alternative formats upon request  State of Minnesota
  HOUSE OF REPRESENTATIVES
  NINETY-FOURTH SESSION
  H. F. No.   4947
04/13/2026     Authored by McDonald, Hudson and Gillman
  The bill was read for the first time and referred to the Committee on Transportation Finance and Policy
1.1A bill for an act
1.2relating to transportation; appropriating money for intersection improvements
1.3along Trunk Highway 24 in Wright County; authorizing the sale and issuance of
1.4state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6Section 1. APPROPRIATION; TRUNK HIGHWAY 24.
1.7Subdivision 1. Appropriation. $2,790,000 is appropriated from the bond proceeds
1.8account in the trunk highway fund to the commissioner of transportation to predesign,
1.9design, engineer, and construct two roundabouts on marked Trunk Highway 24 at the
1.10intersections with Wright County State-Aid Highway 7 and Wright County Road 145 near
1.11the city of Clearwater. This appropriation is for the portion of the project that is eligible for
1.12the use of proceeds of trunk highway bonds.
1.13Subd. 2. Bond sale. To provide the money appropriated in this section from the bond
1.14proceeds account in the trunk highway fund, the commissioner of management and budget
1.15shall sell and issue bonds of the state in an amount up to $2,790,000 in the manner, upon
1.16the terms, and with the effect prescribed by Minnesota Statutes, sections 167.50 to 167.52,
1.17and by the Minnesota Constitution, article XIV, section 11, at the times and in the amounts
1.18requested by the commissioner of transportation. The proceeds of the bonds, except accrued
1.19interest and any premium received from the sale of the bonds, must be deposited in the bond
1.20proceeds account in the trunk highway fund.
1.21EFFECTIVE DATE. This section is effective the day following final enactment.
Section 1.  1