Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF4695: Trunk Highway 7 improvements bond issue and appropriation
Status: In committee, April 9, 2026
What the bill says
A bill for an act relating to capital investment; appropriating money for improvements to marked Trunk Highway 7; authorizing the sale and issuance of state bonds. new text begin [ADDED: Subdivision 1.] new text end new text begin [ADDED: Appropriation.] new text end new text begin [ design; engineering; environmental analysis and remediation; property acquisition, including easements; and construction of improvements to marked Trunk Highway 7 in the cities of Chanhassen, Deephaven, Excelsior, Greenwood, Minnetonka, Minnetrista, Shorewood, and St. Bonifacius. This appropriation is for use in c.
From the introduced text, March 19, 2026:
A bill for an act relating to capital investment; appropriating money for improvements to marked Trunk Highway 7; authorizing the sale and issuance of state bonds. new text begin [ADDED: Subdivision 1.] new text end new text begin [ADDED: Appropriation.] new text end new text begin [ design; engineering; environmental analysis and remediation; property acquisition, including easements; and construction of improvements to marked Trunk Highway 7 in the cities of Chanhassen, Deephaven, Excelsior, Greenwood, Minnetonka, Minnetrista, Shorewood, and St. Bonifacius. This appropriation is for use in conjunction with planned highway maintenance.] new text end new text begin [ADDED: Subd. 2.] new text end new text begin [ADDED: Bond sale.] new text end new text begin [ADDED: To provide the money appropriated in subdivision 1 from the bond proceeds account in the trunk highway fund, the commissioner of management and budget shall sell and issue bonds of the state in an amount up to $11,000,000 in the manner, upon the terms, and with the effect prescribed by Minnesota Statutes, sections 167.50 to 167.52, and by the Minnesota Constitution, article XIV, section 11, at the times and in the amounts requested by the commissioner of transportation. The proceeds of the bonds, except accrued interest and any premium received from the sale of the bonds, must be deposited in the bond proceeds account …