This bill appropriates $15,000,000 from the general fund for the fiscal year 2025 to the Minnesota Valley Regional Rail Authority. The funds are designated for the rehabilitation of railroad tracks between Winthrop and Hanley Falls, which includes necessary environmental documentation, remediation, and the design and replacement of bridges or culverts in the area. Additionally, a portion of the grant may be utilized as matching funds to satisfy federal grant requirements. This appropriation is supplementary to previous funding provided under various laws and is classified as a one-time allocation that remains available until the project is either completed or abandoned.
The bill also specifies that this appropriation is effective the day following its final enactment. The inclusion of this new legal language emphasizes the commitment to enhancing the infrastructure of the Minnesota Valley Regional Rail Authority and ensuring the project's successful execution.