Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

A month after regular session concluded, Minn. Legislature has yet to agree to bonding bill


Trades workers and local government leaders looked on as Gov. Tim Walz on Tuesday, June 16, 2020, spoke to reporters at the Capitol complex and again made a push for the Legislature to pass a bonding bill during special session.

ST. PAUL -- The Minnesota Legislature's 2020 regular session came and went in May with legislators unable to agree on a traditional bonding bill before time ran out. Now in a special session, the clock is ticking again to agree on a final capital investment dollar amount, and negotiations appear stalled once again.

The Senate has vowed to adjourn this month's special session by a self-imposed deadline of Friday, June 19. As of Tuesday, the Republican-controlled Senate and Democratic-controlled House have yet to come to an agreement on a dollar amount for the bonding bill, by which the state loans money to fund capital infrastructure projects.

Republicans argue that amid nationwide economic hurt due to the coronavirus pandemic, the state needs to keep its debts low. Democrats contend that with interest rates low, the state's backlog of infrastructure needs growing and a historic number of Minnesotans unemployed, a robust bonding bill is the stimulus the state needs.


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