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Legislative leaders say bonding bill negotiations underway; Senate signals $1.35 billion first-year target
Summary
Minnesota legislative leaders described early talks about a bonding bill with competing forecasts: a $700 million/$1 billion two-year split, and a $1.35 billion first-year option. Leaders said they intend to move a bonding bill this session and avoid tying unrelated politics to it.
House and Senate leaders told reporters after a leadership meeting that they had begun mapping options for a 2025 bonding bill, including a forecast with roughly $700 million in the first year and $1 billion in the second year and an alternate plan that would front-load roughly $1.35 billion in the first year and zero in the second.
The discussion “about what that could look like” was the primary substance of the meeting, a House leader (unnamed) said, adding that the group talked through different compromise proposals. Senate leaders also signaled movement: a Senate DFL target of $1.35 billion in the first…
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