The Minnesota House unveiled its proposed bonding bill, HF 2529, today without fanfare by posting it as an amendment to be heard in the House Ways and Means Committee on Tuesday. The bill would appropriate slightly more than $2 billion in general obligation bonds and another $500 million in cash and other sources. Click here to see a spreadsheet of all the projects included in the bill.
The bill includes funding for several CGMC priorities including:
- $200 million for the Public Facilities Authority water infrastructure grant and loan programs (the same amount the CGMC is seeking)
- $53.2 million for the Local Road Improvement Program (we are seeking $100 million)
- $53.2 million for the Local Bridge Program (we are seeking $100 million)
- $6 million for the Greater Minnesota Business Development Public Infrastructure (BDPI) program (we are seeking $20 million)
- $5 million for child care facilities grants (we are seeking $20 million)
We are also advocating for $10 million for a new program to provide grants for public infrastructure to support housing, but this program was not included in the House proposal.
Apart from CGMC priorities, the bill also includes funding for many projects for individual CGMC members.
Typically, the next stop for this bill after the Ways and Means Committee would be the House floor. However, it is unclear when a floor vote will be held. The bonding bill requires a three-fifths majority to pass, and House Minority Leader Kurt Daudt (R-Crown) has stated that the House GOP Caucus will not support a bonding bill unless Governor Walz ends his peacetime emergency order. House DFL leadership may not want to bring this bill up for a vote until an agreement is reached with the GOP.
The CGMC will continue to advocate that the House and Senate pass a robust bonding bill before the session adjourns May 18.