Certain Blue Line light rail transit extension project money for arterial bus rapid transit reallocation

This bill reallocates unused funds originally designated for the Blue Line light rail extension project to fund an arterial bus rapid transit line in the same planned corridor. It cancels unencumbered funds from the 2023-2024 Blue Line project budget (set to expire June 2027) and directs that money to the Metropolitan Council for bus rapid transit development. The funds are a one-time appropriation available until June 2029, specifically for building bus service along the corridor previously planned for light rail. This policy change directly affects the Metropolitan Council (as the recipient) and future transit riders in the corridor, shifting project focus from rail to bus without new taxes or fees.