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Senate Counsel, Research and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 922 - Metropolitan Area Transit and Paratransit Capital Expenditures Additional Financing and Bond Issue for Capital Costs Included in the Council's Transit Capital Improvement Program
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Author:
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Senator Susan Kent
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Prepared By:
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Krista Boyd, Senate Fiscal Analyst (651/296-7681)
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Date:
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April 7, 2013
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Section 1 adds $35.8 million, after July 1, 2013, to the Metropolitan Council's authority to bond or issue other certificates or obligations for costs prescribed in the council's transit capital improvement program and for costs related to issuance and sale of the obligations.
Section 2 applies this act in the seven metropolitan counties.
Section 3 provides that sections 1 and 2 are effective the day following final enactment.
BB/KB:rer
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Check on the status of this bill
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Last review or update: 04/07/2013
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