SAINT PAUL, MINNESOTA— Yesterday, the House DFL released a Jobs and Local Projects — also known as bonding — and tax proposal. The critically-needed economic development legislation contains $1.8 billion in public safety and health renovations, repairs, and replacement of public assets like higher education institutions, clean water infrastructure, correctional facilities, roads and bridges, parks and trails, municipal buildings and more. The bill would create approximately 27,540 jobs according to a revised 2015 model from the Bureau of Economic Analysis at the U.S. Department of Commerce.
A copy of the proposal can be found here. A spreadsheet of the projects included is available here. The bill will receive a public remote hearing in the House Ways and Means Committee on Tuesday.
“Many of the projects contained in this proposal today are the direct results of what we saw and heard on our statewide tours,” said Chair Mary Murphy (DFL-Hermantown). “We are responding to the emergencies of today, and I’m hopeful we can deliver more sorely needed investments in a future session to prepare us for the needs of tomorrow.” Continue reading “Minnesota House DFL Releases Jobs & Local Projects and Critical Economic Development Legislation”