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S.F. No. 2371 - Metropolitan Council Financing Authorization
Author: Senator Jim Carlson
Prepared By: Krista Boyd, Senate Fiscal Analyst (651/296-7681)
Date: April 8, 2016


This bill authorizes the Metropolitan Council to issue regional transit capital debt up to $82,100,000.  Of this amount, $40,100,000 may be issued after July 1, 2016, and $42,000,000 may be issued after July 1, 2017.  This act is effective the day following final enactment, and applies to the seven-county metropolitan area.

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