The bill appropriates $15,000,000 from the general fund for fiscal year 2025 to the Minnesota Valley Regional Rail Authority, specifically for the rehabilitation of railroad tracks between Winthrop and Hanley Falls. The funds can also be utilized for necessary environmental documentation, remediation, predesign, design, and the rehabilitation or replacement of bridges and culverts in the same area. Additionally, a portion of the grant may serve as matching funds to satisfy federal grant requirements. This appropriation is stated to be in addition to previous appropriations made under various laws from 2006 to 2018.
Furthermore, the bill specifies that this appropriation is a one-time allocation, available until the project is either completed or abandoned, in accordance with Minnesota Statutes, section 16A.642. The effective date of this section is set for the day following its final enactment.