Metropolitan Council issuing certificates of participation prohibition in certain situations, specified aspects of guideways funded by host counties requirement provision

Summary

The legislation prohibits the Metropolitan Council from issuing certificates of participation for guideways that are backed by motor‑vehicle sales tax revenues or earnings from those revenues. It also requires the counties where a guideway is built to pay any planning, construction, operating, or maintenance costs that exceed federal, state, local, or other dedicated funds. The rules apply to seven metro‑area counties starting July 1, 2025.

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