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Committee approves bond package adding $25 million for MTSU Murphy Center; lawmakers say state debt remains low
Summary
Members voted to advance House Bill 14-07, the bond authorization bill, which includes a $25 million general-obligation allocation for the MTSU Murphy Center and authorizations for multiple higher-education and state building projects. The committee was told the state's annual debt service remains low at about 1.76% of tax revenue.
The committee advanced House Bill 14-07, the state's bond bill, after adopting a committee amendment that adds $25 million in general obligation bond authorization for the Middle Tennessee State University Murphy Center.
Chairman Hicks told the committee the bond bill authorizes general-obligation bonds for a list of projects, including a new Woodland Hills facility for DCS, a Wilder secure facility,…
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