On Tuesday, the Minnesota House of Representatives signed off on the $496 million bonding bill passed by the Senate on Monday. The House voted to accept the changes included in the Senate version of the bill. The house passed the bill by a 97-33 vote.
Highlights of the new and more expensive bonding bill include $64 million to the University of Minnesota, $132 million for MnSCU, $44 million for renovations to the State Capitol, $30 million for flood mitigation, and a several millions more for local roads and bridges.
The bill also grants the Minnesota Department of Employment and Economic Development $50 million for local economic development projects that were not included in the bill.
The relatively modest bonding proposal was developed after Gov. Dayton rejected a smaller package passed earlier this year. The governor supported a $775 million bonding proposal, but agreed to support a scaled back version.
Last year, the Legislature passed a nearly $500 million bonding bill as part of the compromise to end the record long state government shutdown.