The bill establishes performance requirements for the Northstar Commuter Rail line in Minnesota, outlining conditions under which the service may be terminated. Specifically, if total ridership falls below 450,000 in any six-month period starting June 1, 2025, or below 900,000 annually, or if the farebox recovery ratio is less than 40% in any calendar year beginning in 2026, the Northstar service is subject to termination. The Metropolitan Council is required to seek a federal waiver if these performance metrics are not met.
In the event of termination, the bill mandates the decommissioning of all Northstar services, including the cessation of passenger service and closure of stations. It also requires the termination of all related agreements and the conveyance of ownership of any Northstar-related property back to the commissioner of transportation. Additionally, any revenue generated from the sale or disposal of Northstar assets must be deposited into the general fund. This legislation is effective immediately following final enactment and applies to specific counties in Minnesota.