House unveils bonding bill

On Monday, the House unveiled its proposed bonding bill, HF 2529. 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.

In addition to many important local projects and upgrades to state buildings and assets, the bill includes funding for several GMNP priorities:

  • $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)
  • $53.2 million for the Local Road Improvement Program
  • $53.2 million for the Local Bridge Replacement Program

We are also advocating for $10 million for a new program to provide grants for public infrastructure to support housing, but this unfortunately this program was not included in the House proposal.

The bill passed out of the House Ways and Means Committee on Tuesday on a party-line vote. House Speaker Melissa Hortman (DFL-Brooklyn Park) has indicated that she plans to put the bill up for a vote on the House floor on Saturday. However, 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 powers. House DFL leadership may not want to bring this bill up for a vote until an agreement is reached with the GOP.

The GMNP will continue to advocate that the House and Senate pass a robust bonding bill before the session adjourns May 18.