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House Capital Investment Committee hits the road
The second year of a legislative biennium is often focused on passing a capital investment, or bonding, law.
In anticipation of the Legislature whittling down nearly $3 billion in requests from state agencies and local governments, members of the House and Senate Capital Investment committees have been touring the state to get a first-hand look at some of the requests.
View a photo gallery that followed House members Oct. 9 as they toured some project requests from southeastern and south-central Minnesota.
It is anticipated the 2014 capital investment law will be in the $850 million range, putting total biennial bonding spending at about $1 billion.
A capital investment law passed late in the 2013 session totaled $156 million, with $109 million going toward State Capitol renovations. Rep. Alice Hausman (DFL-St. Paul), who chairs the House Capital Investment Committee, crafted an $800 million general-obligation bonding package that included money for higher education, a trio of civic center expansions and money to expand transit in the metropolitan area. However, that bill failed by five votes.
© 2013 Session Daily