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7 Aug ‘20

MMB provides fiscal update, including first glimpse at the 2022-23 biennium

2020-08-07T14:28:41-05:00August 7th, 2020|Categories: Bonding, News, State Budget|

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 . . .

3 Aug ‘20

Do you have possible BDPI projects? Bonding bill’s failure leaves them in limbo

2020-08-03T16:45:42-05:00August 3rd, 2020|Categories: Bonding, CGMC Programs, Economic Development, Jobs, News|

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 . . .

24 Jul ‘20

Budget ‘blackout’ dims hopes for bonding bill

2020-07-24T09:29:14-05:00July 24th, 2020|Categories: Bonding, Economic Development, Energy & Environment, Environment, Jobs, News, Special Session, State Budget, Transportation|

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 . . .

21 Jul ‘20

Another special session ends without a bonding bill

2020-07-21T17:20:19-05:00July 21st, 2020|Categories: Bonding, CGMC Programs, Economic Development, Energy & Environment, Environment, Jobs, News, Special Session, Transportation|

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, . . .

14 Jul ‘20

Bonding bill unveiled, but passage far from certain

2020-07-14T16:08:32-05:00July 14th, 2020|Categories: Bonding, CGMC Programs, Economic Development, Energy & Environment, Environment, Jobs, News, Special Session, Transportation|

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. . . .

10 Jul ‘20

CGMC president urges Legislature to pass bonding bill in special session, says critical projects can’t wait

2020-07-10T16:10:54-05:00July 10th, 2020|Categories: Bonding, CGMC Programs, COVID-19, Economic Development, Energy & Environment, Environment, Jobs, Media, News, Press Releases, Special Session|

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 . . .

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