Minnesota SF 4055: Property tax statements for properties subject to the Iron Range fiscal disparities tax content modification
Status: Referred to Taxes (as of 2018-05-01)
State: Minnesota · Session: 2017-2018 · Bill: SF 4055
Subjects: Regional and Rural Development, Taxation, Taxation-Property
Sponsors: Eichorn
Bill Text
1.1 A bill for an act 1.2 relating to transportation; establishing requirements on trunk highway system 1.3 maintenance and expansion, including to limit trunk highway capacity expansion 1.4 projects in certain circumstances and to require transportation asset management 1.5 plans; making technical changes; amending Minnesota Statutes 2024, section 1.6 174.03, subdivision 12, by adding subdivisions; proposing coding for new law in 1.7 Minnesota Statutes, chapter 161. 1.8 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.9 Section 1. [161.1775] TRUNK HIGHWAY SYSTEM EXPANSION AND 1.10 MAINTENANCE. 1.11 Subdivision 1.Definitions.(a) For purposes of this section, the following terms have 1.12 the meanings given. 1.13 (b) "Applicable entity" has the meaning given in section 161.178, subdivision 1. 1.14 (c) "Capacity expansion project" has the meaning given in section 161.178, subdivision 1.15 1. 1.16 (d) "Major highway project" has the meaning given in section 174.56, subdivision 1, 1.17 paragraph (b). 1.18 Subd. 2.Application.The requirements in this section are effective for a project that 1.19 first enters the appropriate state or metropolitan transportation improvement program for 1.20 fiscal year 2031 or a subsequent year. This section does not apply to a project that was either 1.21 included in the state transportation improvement program or has been submitted for approval 1.22 of the geometric layout before July 1, 2030. 1Section 1. 26-07148 as introduced02/18/26 REVISOR KRB/CG SENATE STATE OF MINNESOTA S.F. No. 4055NINETY-FOURTH SESSION (SENATE AUTHORS: CLARK, Dibble, McEwen and Johnson Stewart) OFFICIAL STATUSD-PGDATE Introduction and first reading645703/02/2026 Referred to Transportation Author added Johnson Stewart691903/23/2026 2.1 Subd. 3.Limitations on expansion.An applicable entity is prohibited from including 2.2 a capacity expansion project in the state transportation improvement program, or in a 2.3 metropolitan transportation improvement program, if the most recent analysis in conformance 2.4 with the transportation asset management plan under section 174.03, subdivision 1f, identifies 2.5 a performance gap in the pavements or bridges asset categories. 2.6 Subd. 4.Major highway project maintenance plan.The commissioner must establish 2.7 a maintenance plan for each trunk highway segment included in a major highway project. 2.8 The maintenance plan must: 2.9 (1) cover the greater of 60 years or the entire service life of the relevant infrastructure; 2.10 and 2.11 (2) analyze the fiscal impacts to maintain the relevant infrastructure, including: 2.12 (i) preventive maintenance, preservation, and rehabilitation to maintain asset condition 2.13 while minimizing life cycle costs; 2.14 (ii) operational costs; and 2.15 (iii) indirect costs. 2.16 Sec. 2. Minnesota Statutes 2024, section 174.03, is amended by adding a subdivision to 2.17 read: 2.18 Subd. 1e.Capital highway investment plan.(a) The commissioner must annually 2.19 prepare a ten-year capital highway investment plan that identifies trunk highway projects 2.20 specified in the state transportation improvement program and relevant planned projects 2.21 for the trunk highway system. 2.22 (b) At a minimum, the ten-year capital highway investment plan in each district of the 2.23 department must: 2.24 (1) be based on expected funding during the plan period and, to the extent feasible, 2.25 maximize long-term benefits; 2.26 (2) estimate the funding necessary to make optimal life cycle investments based on a 2.27 period of not less than 60 years; 2.28 (3) identify investments within each of the asset categories specified in the transportation 2.29 asset management plan under subdivision 1f, paragraph (b), clause (2), that are funded 2.30 through the trunk highway capital program; and 2Sec. 2. 26-07148 as introduced02/18/26 REVISOR KRB/CG 3.1 (4) identify specific trunk highway segments that would need to be removed from the 3.2 trunk highway system to provide for the resources necessary to deliver annual progress 3.3 toward achieving the state transportation goals established in section 174.01. 3.4 Sec. 3. Minnesota Statutes 2024, section 174.03, is amended by adding a subdivision to 3.5 read: 3.6 Subd. 1f.Transportation asset management plan.(a) The commissioner must maintain 3.7 a risk-based transportation asset management plan that provides guidance for the preservation, 3.8 improvement, and effective management of transportation system investments and assets 3.9 under the jurisdiction of the Department of Transportation. 3.10 (b) At a minimum, the transportation asset management plan must: 3.11 (1) meet the requirements under Code of Federal Regulations, title 23, part 515, or 3.12 successor requirements; 3.13 (2) provide an inventory across asset categories, including but not limited to pavements, 3.14 bridges, culverts, department buildings,
View Minnesota SF 4055 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.