Light rail transit project notice required.

This bill requires state agencies overseeing light rail projects in Minnesota to notify specific legislative committees if a project's cost rises by five percent or more or its completion date is delayed by six months or more. The rule applies only after a project has reached a certain stage, such as receiving federal approval for final design or establishing a cost estimate and schedule. When a significant change occurs, the responsible authority must submit a written report within seven days explaining the reasons for the delay or cost increase. This measure aims to keep lawmakers informed about major shifts in transit project timelines and budgets without altering how projects are built or funded.