Bill Text: MN SF322 | 2013-2014 | 88th Legislature | Introduced
Bill Title: St. Louis and Lake counties regional rail authority Northern Lights Express passenger rail line bond issue and appropriation
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2013-02-13 - Author added Reinert [SF322 Detail]
Download: Minnesota-2013-SF322-Introduced.html
1.2relating to capital investment; appropriating money for Northern Lights Express
1.3passenger rail line; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. NORTHERN LIGHTS EXPRESS.
1.6 Subdivision 1. Appropriation. $13,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of transportation for a grant to the St. Louis and Lake County
1.8Regional Rail Authority for environmental analysis, corridor planning, design, engineering,
1.9station design, and acquisition of real property or interests in real property, for intercity
1.10passenger rail service between the city of Duluth and the cities of Minneapolis and St. Paul.
1.11 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12bond proceeds fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $13,000,000 in the manner, upon the terms, and with
1.14the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.15Minnesota Constitution, article XI, sections 4 to 7.
1.16EFFECTIVE DATE.This section is effective the day following final enactment.
1.3passenger rail line; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. NORTHERN LIGHTS EXPRESS.
1.6 Subdivision 1. Appropriation. $13,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of transportation for a grant to the St. Louis and Lake County
1.8Regional Rail Authority for environmental analysis, corridor planning, design, engineering,
1.9station design, and acquisition of real property or interests in real property, for intercity
1.10passenger rail service between the city of Duluth and the cities of Minneapolis and St. Paul.
1.11 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12bond proceeds fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $13,000,000 in the manner, upon the terms, and with
1.14the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.15Minnesota Constitution, article XI, sections 4 to 7.
1.16EFFECTIVE DATE.This section is effective the day following final enactment.
