Plain English Breakdown
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SF4484 • 2026
North Branch Highway 35 and 400th Street interchange bond issue and appropriation
North Branch Highway 35 and 400th Street interchange bond issue and appropriation
Budget
Passed Legislature
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
Bill History
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2026-03-17
House
Introduction and first reading
Official Summary Text
North Branch Highway 35 and 400th Street interchange bond issue and appropriation
Current Bill Text
Read the full stored bill text
A bill for an act relating to capital investment; appropriating money for an interchange at Interstate Highway 35 and 400th Street in the city of North Branch; authorizing the sale and issuance of state bonds. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. new text begin NORTH BRANCH; INTERSTATE 35 INTERCHANGE. new text end new text begin Subdivision 1. new text end new text begin Appropriation. new text end new text begin $4,000,000 is appropriated from the bond proceeds account in the state transportation fund, as provided in Minnesota Statutes, section 174.50, to the commissioner of transportation for a grant to the city of North Branch for predesign, design, and right-of-way acquisition to construct an interchange at Interstate Highway 35 and 400th Street in the city of North Branch. new text end new text begin Subd. 2. new text end new text begin Bond sale. new text end new text begin To provide the money appropriated in this section from the bond proceeds account in the state transportation fund, as provided in Minnesota Statutes, section 174.50, the commissioner of management and budget shall sell and issue bonds of the state in an amount up to $4,000,000 in the manner, upon the terms, and with the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, sections 4 to 7. new text end new text begin EFFECTIVE DATE. new text end new text begin This section is effective the day following final enactment. new text end