On July 31, Minnesota Management and Budget (MMB) provided an update on state tax collections, and—for the first time since COVID-19 emerged—provided an estimate of the impact the pandemic could have on the state budget during the 2022-23 biennium. The updated revenue report shows state tax collections have remained roughly . . .
The Greater Minnesota Business Development Public Infrastructure Grant Program (BDPI) is one of the state’s longest-running and most popular economic development programs. Over the past two years, the program has provided around $20 million in grants to cities to fund the public infrastructure costs necessary to facilitate business development, but . . .
When the Legislature failed — again — to pass a bonding bill during the second special session that ended earlier this week, it significantly jeopardized the chances of passing a bonding bill in 2020. The CGMC has learned that the state's pending August bond sale means that the Legislature . . .
The Legislature adjourned the second special session of 2020 early this morning without passing a bonding bill. Just last week there appeared to be a glimmer of hope that the Legislature might pass a bonding bill. On July 14, the House Ways and Means Committee advanced a $1.35 billion bill, . . .
The second special session of 2020 kicked off this week with a renewed focus on bonding. On Monday, the House unveiled a $1.35 billion bonding bill that was combined with a tax bill. This morning, the House Ways and Means Committee voted on a party-line basis to advance the bill. . . .
CGMC president urges Legislature to pass bonding bill in special session, says critical projects can’t wait
For Immediate Release Contact: Julie Liew Below is a statement from CGMC President and Willmar City Council Member Audrey Nelsen regarding the special legislative session scheduled to begin July 13: “Minnesotans are desperate for our lawmakers to prove that they can work together for the good of our . . .