A reworked funding plan for Mayo Clinic's multibillion dollar expansion project was unveiled Monday in the Senate Taxes Committee, the Associated Press reports.
The AP says revisions provide $400 million in state funding, but only after $250 million in local and private money is committed.
Last week, DFLers in the Minnesota House unveiled a measure that would allocate $300 million for Mayo's proposed project.
Mayo officials are seeking nearly $600 million in public money to improve roads, sewers and other public infrastructure. The funds would be used to support Mayo's ambitious $5 billion-plus expansion of its Rochester campus over the next two decades.
According to a Twin Cities Business poll, 38 percent of business leaders in Minnesota support taxpayer money for the health care giant. However, 28 percent said they are not in favor of the public money. The remaining 34 percent did not have an opinion.