Bill
HF 246
HF 246 would finance the Edina Highway 100/Vernon Ave interchange with state bonds and an appropriation to cover project costs.
Status and basic details
- Bill Number: HF 246
- Title: Edina; Highway 100 and Vernon Avenue interchange funding provided, bonds issued, and money appropriated
- Purpose: To authorize funding for the Highway 100 and Vernon Avenue interchange in Edina, including bond issuance and state appropriation.
- Status: Introduction and first reading; referred to Capital Investment
- Introduced: February 6, 2025
- Primary Sponsor: Collins
- Related bill: SF 1478 (companion)
Legislative history (as of available actions)
- February 6, 2025: Introduced and referred to State Government; later moved to Capital Investment for first reading
- February 24–26, 2025: Subcommittee hearings held (members included Collins, Bossman, Cooling)
- February 26, 2025: Subcommittee recommended passage
- This bill is at an early stage in the legislative process
What the bill would do (essential provisions)
- The bill, by its title, intends to provide funding for the Edina interchange project at Highway 100 and Vernon Avenue.
- It would authorize the issuance of bonds to finance the project and appropriate state funds to cover costs tied to the interchange.
- The exact monetary amounts, bond terms (e.g., maturity, interest rate), repayment sources, and any local matching requirements are not specified in the provided excerpt.
- The text excerpt includes an unrelated section labeled as the “Inflation Protection Act,” covering digital assets and related definitions, which appears to be a drafting mismatch. Readers should consult the official bill text for the precise provisions specific to the Edina interchange.
Who would be affected
- City of Edina and its residents, in terms of transportation infrastructure and potential tax or debt implications tied to bond funding.
- MnDOT (Minnesota Department of Transportation) and related state-government transportation programs, given state bonding and project funding involvement.
- Local businesses and commuters who would benefit from the interchange improvements (traffic flow, safety, access).
Fiscal and financial considerations
- The core fiscal mechanism appears to be state bonds to fund the interchange project plus a state appropriation.
- Specific financial details (total bond authorization, funding schedule, debt service sources, impact on state budget) are not provided in the excerpt and would be clarified in the official bill text and accompanying fiscal notes.
Notes and next steps
- The bill is in early stages with subcommittee passage recommended but not yet enacted into law.
- The companion SF 1478 should be reviewed for parallel provisions and potential differences.
- For a complete understanding, review the official HF 246 bill language and a forthcoming fiscal impact statement, as well as any amendments adopted during committee hearings.
In summary, HF 246 seeks to finance the Edina Highway 100/Vernon Avenue interchange through state bonds and appropriation, with the next steps involving committee action and potential floor consideration. The excerpt provided includes an unrelated “Inflation Protection Act” section, so stakeholders should verify the final, official text.
Compiled from official sources — confirm details with the bill’s official record.
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