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Subcommittee advances bond authorization bill adding $25 million for MTSU project and multiple campus and infrastructure projects
Summary
House Bill 1407, the bond authorization bill, was advanced to full finance 13‑0 after committee adoption of an amendment adding $25 million in general obligation bonds for the MTSU Murphy Center. The bill lists a range of higher education and infrastructure projects and the chair outlined the state's low overall debt burden.
The Finance Ways and Means Subcommittee voted 13‑0 to advance House Bill 1407, the general obligation bond authorization bill, to the full Finance Committee after adopting an amendment that adds $25,000,000 for the Middle Tennessee State University (MTSU) Murphy Center.
Leader Lambert introduced the bill and the committee adopted an amendment (drafting code 6615) that Chairman Hicks described as adding Murphy Center bonding into the bill. "That particular amendment expands the bond amount to include an additional $25,000,000 worth of general obligation bonds for MTSU's Murphy Center,"…
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