Bill Text: MN HF1709 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Transit improvement area funding provided, bonds issued, and money appropriated.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-04-04 - Introduction and first reading, referred to Transportation Finance [HF1709 Detail]
Download: Minnesota-2013-HF1709-Introduced.html
1.2relating to transportation; capital investment; appropriating money for transit
1.3improvement areas; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. TRANSIT IMPROVEMENT AREAS.
1.6 Subdivision 1. Appropriation. $....... is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for grants or loans
1.8to eligible organizations for transit area improvements that meet the requirements under
1.9Minnesota Statutes, section 469.351.
1.10 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.11bond proceeds fund, the commissioner of management and budget shall sell and issue
1.12bonds of the state in an amount up to $....... in the manner, upon the terms, and with
1.13the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.14Minnesota Constitution, article XI, sections 4 to 7.
1.15EFFECTIVE DATE.This section is effective the day following final enactment.
1.3improvement areas; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. TRANSIT IMPROVEMENT AREAS.
1.6 Subdivision 1. Appropriation. $....... is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for grants or loans
1.8to eligible organizations for transit area improvements that meet the requirements under
1.9Minnesota Statutes, section 469.351.
1.10 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.11bond proceeds fund, the commissioner of management and budget shall sell and issue
1.12bonds of the state in an amount up to $....... in the manner, upon the terms, and with
1.13the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.14Minnesota Constitution, article XI, sections 4 to 7.
1.15EFFECTIVE DATE.This section is effective the day following final enactment.
