Yesterday at the Capitol
The House Capital Investment committee met yesterday, and committee members received an overview on the bonding process. Committee Chair Alice Hausman, DFL-St. Paul, told members that government can help with two things for a healthy economy; education and infrastructure. Hausman said now is a good time to sell bonds because the interest rate on the bulk of the bonds recently sold was 2.05 percent. When the committee meets next week, they will hear about debt service guidelines.
In the House Education Finance committee yesterday, members discussed the committee’s priorities; repaying the borrowed K-12 school funds and closing the achievement gap. Committee Chair, Paul Marquart, DFL-Dilworth, called the achievement gap, “the number one threat to our future economic success and vitality,” and said the issue will be a key focus of the committee this session.
As for paying back the K-12 school funds, the House introduced HF 1 yesterday, a bill that would give schools $550 million in funding toward the shift. The payment represents approximately half of the $1.1 billion in aid still owed to K-12 schools.
For your calendar: Gov. Dayton has set Feb. 6 at 7:00 p.m. for his State of the State message. A joint session of the Legislature will convene in House chambers to hear his address.
Today at the Capitol
YMCA Youth in Government meetings will be held today at the State Capitol – no legislative meetings are scheduled.
The membership roster for the 2013-2014 Legislature is available at:
The election brought along with it many changes, including office locations. A condensed 2013-2014 legislative roster with updated offices and telephone numbers can be found at:
Contact: Melissa Fahning, Director of Legislative Communications
(651) 201-1757, (612) 483-3741 cell