Legislative Update – Senate Bonding

Senate bonding bill approved by Capital Investment Committee

The Senate Capital Investment committee approved an $825 million bonding bill this evening, which includes $120 million for Minnesota State. Of this number, $65 million is for asset preservation, and the remaining $55 million is for projects (see below).

The bill can be found at: scs4013a-1 (PDF)

The spreadsheet for the bill can be found at: SF4013 Spreadsheet (PDF)

Minnesota State

Higher Education Asset Preservation and Replacement (HEAPR): $65 million
Bemidji State University – Academic Learning Center: $22.512 million
Rochester CTC – Memorial and Plaza Halls: $22.853 million
MSU, Mankato – Clinical Sciences Phase 2: $6.478 million
Anoka-Ramsey Community College – Nursing and Business: $569,000
Inver Hills CC – Technology and Business Center: $698,000
Fond du Lac Tribal & CC – Maajiigi: $1.157 million
Saint Paul College – Academic Excellence: $995,000
TOTAL:       $120.262 million

The committee approved the bill and sent it to Senate Finance, where it will be heard next. The House bonding bill was approved by the Ways and Means committee on Wednesday and now awaits a vote on the House floor.

For comparison purposes, you may click HERE for a spreadsheet that compares Minnesota State’s request, Governor Dayton’s recommendation for Minnesota State, and the House and Senate positions

Read more…

Questions?

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