The Minnesota Senate’s proposal for publicly backed construction projects totals more than $1.1 billion in combined borrowing and cash-financed projects. The proposal released Monday calls for borrowing of $846 million and about $200 million in cash from the state’s surplus.
Democratic Gov. Mark Dayton is producing his wish list for state-backed construction projects around Minnesota. He has said his plan to be released Wednesday would approach $1 billion. It will cover construction proposals on publicly owned property from college campuses to state prisons to regional civic centers.
Lawmakers weighing where to send public construction aid are touring several Minnesota cities with projects in the 2014 mix. Members of the Senate Capital Investment Committee are headed to eight cities this week after spending three days on the road earlier in the month.
The Minnesota House has defeated an $800 million construction projects bill that failed to win a needed super-majority. The bill is a rare area where Republican held veto power. Because it involves long-term state debt, it required 81 votes to pass.
The Minnesota House plans a Friday debate an $800 million construction projects bill that can’t pass without Republican votes.
A nearly $500 million construction package cleared the MinnesotaLegislature on Monday, but has to revisit the House after the Senate squeezed in more projects.