Senate passes $1.9 billion bonding bill, will be sent to Gov. Walz for signing

The House and Senate came to an agreement during the fifth special session.
Author:
Publish date:

It's taken five special sessions but the Minnesota Legislature as finally agreed on a public investment bonding bill.

The Minnesota Senate voted overwhelmingly – 64-3 – to approve the bill agreed by the House on Wednesday that will provide $1.36 billion in borrowing for public infrastructure projects, and $600 million in other spending and tax relief.

The bonding bill has been used as a pawn in negotiations between Republicans, Democrats and Gov. Tim Walz over the past five special sessions, with Republicans having previously expressed dissatisfaction that Gov. Walz would not relinquish his COVID-19 emergency powers.

But an agreement was reached just weeks before the 2020 Elections, with the breakthrough coming in the House Wednesday evening, when 25 GOPers voted in favor of the bill, giving the DFL-led House the three-fifths majority needed to pass the bill.

The bill allocates money for projects including $52 million for the 3rd Street Kellogg Bridge reconstruction, and $55 million to the Metropolitan Council to support bus rapid transit. Money from the bill will also go toward testing untested rape kits across the state and providing a temporary pay raise for personal care assistants.

The bill also includes tax relief for farmers and small businesses, allowing them to deduct certain property costs in the first year, rather than over five years.

Gov. Walz will sign the bill as soon as it reaches his desk.

"This bonding bill is a smart investment that will create thousands of good-paying jobs, deliver improvements to local projects throughout Minnesota, and make our state a better place to live. It's been a long journey," he said.

"By finally coming together and working across the aisle, Minnesota proved once again that if Washington won't lead—we will."

Next Up

Irv Cross

NFL Pro-Bowler, Twin Cities broadcaster Irv Cross dies at 81

Cross was a Pro Bowl cornerback, but his biggest impact was made after his career.

snow

Here's how much snow fell in Minnesota on Sunday

Some localized areas saw more than expected.

Lindsay Guentzel

For The Week: What's harder than making a meal plan? Sticking to it!

Lindsay Guentzel says you shouldn't give up on your meal planning routines.

snow, plow

Winter storm warnings issued as snow system shifts in Minnesota

The worst of the snow will now hit further north, affecting areas including St. Cloud and the I-94 corridor.

Matt Dumba

Matt Dumba beats the clock to give Wild sixth straight win

Dumba scored as overtime came to a close for another Wild victory.

Karl-Anthony Towns

Bradley Beal terrorizes Timberwolves in loss to Wizards

Beal and the Wizards handed the Wolves their seventh straight defeat.

Marcus Carr / Gopher basketball

Gophers tourney hopes take another blow with loss to Nebraska

Marcus Carr scored a career-high 41 points, but Minnesota is still winless on the road.

St. Paul police

St. Paul police arrest teenage boy in carjacking crackdown

This comes amid a dramatic spike in Twin Cities carjackings.

Related

State Capitol.

Minnesota House passes $1.9 billion public works bill

The bill now heads to the Republican-controlled Senate.

Here's what's included in Gov. Walz's $2 billion bonding plan

The governor released the final package of his Local Jobs and Projects Plan.

united-states-capitol-1675540_1920

Walz announces new special session to pass police reform, bonding

Gov. Tim Walz has called a special session that starts Monday.

Governor Tim Walz

Gov. Walz unveils his $518M bonding proposal

Walz calls it his "Local Jobs and Projects Plan."

So far, no sign that divided lawmakers can pass a bonding bill

Capital Investment Chairman Larry Howes says he can't get drum up enough Republican support to pass the $500 million Senate plan and he can't get the Democratic votes to pass the House's $280 million plan. And the majority Republicans can't do it alone.

Senators pass $566 million bonding bill

The borrowing plan, approved by a 45-22 vote Monday night, would use $496 million for public works projects, higher education and state Capitol renovations. It also calls to spend an additional $50 million on unnamed Department of Employment and Economic Development projects. House lawmakers approved a similar measure early Monday afternoon. They can either accept the Senate version or the differences will be negotiated in a conference committee.

Dayton signs $496M bonding bill

Gov. Mark Dayton signed a $496 million bonding bill Friday that will result in thousands of construction jobs in Minnesota and includes a long list of public works projects, the DFL governor said. Projects include college campus buildings, flood mitigation, roads and bridges and a $44 million start on the renovation of the State Capitol building.