ST. PAUL, Minn. (AP) — The first batch of bills in the Minnesota House will attempt to whittle away at state IOUs to schools, give more property taxpayers rebates, install a health care insurance exchange and prop up investment grant programs.

House Speaker Paul Thissen offered a preview of the initial legislation on Tuesday. The bills won’t be introduced until Thursday. Thissen says all of the priority bills deliver on campaign promises.

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The state owes public schools hundreds of millions of dollars from past budget crises. The goal is to pay back at least $500 million in the next two years.

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On property taxes, Thissen says Democrats want to expand a rebate program for homeowners.

Republicans caution the moves are all expensive at a time the state has a $1.1 billion deficit.

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