Legislative Updates

4/6/2021

Legislature Returns - Omnibus Budget Bills Emerge

House and Senate Finance Committees have rolled out their omnibus budget bills and will spend the week walking through the bills.

3/23/2021

Governor Walz Releases Supplemental Budget Recommendations, Legislature to Set Budget Targets

Governor Walz's updated budget recommendations are based on the improved forecast from February that projects a surplus of over $1.5 billion in the upcoming biennium.

3/17/2021

Help Us Advocate for Funding: Share Potential Redevelopment Projects by March 23

Help advocate for funding: share potential redevelopment projects

3/16/2021

S.F. 585 Heard in Senate Jobs and Economic Growth Finance and Policy Committee

S.F. 585 was heard in the Senate Jobs and Economic Growth Finance and Policy Committee on Monday and laid over for possible inclusion in the Committee’s omnibus bill.

3/9/2021

H.F. 819 Heard in House Workforce and Business Development Finance and Policy Committee

H.F. 819 was heard in the House Workforce and Business Development Finance and Policy Committee last week and laid over for possible inclusion in the Committee’s omnibus bill.

3/2/2021

Updated Budget Forecast Brings Good News

The state’s financial picture has improved significantly since the last projection, having gone from a projected $1.3 billion deficit in the upcoming biennium to a $1.6 billion surplus.

2/23/2021

Governor Walz’s DEED Budget Recommendations Get Senate Hearing, Bonding Proposal Released

Governor Walz's budget recommendations and bonding proposal.

2/15/2021

DEED Funding Bill Introduced in the House, MMB Budget Update on the Horizon

House File 819 appropriates the same funding levels for MIF, JCF, redevelopment, and demolition loan programs as the Senate bill.

2/8/2021

DEED Funding Bill Introduced in Minnesota Senate

The bill maintains base level funding for the MN Investment Fund and the Job Creation Fund and would establish base level funding for redevelopment grants and demolition loans.

2/2/2021

Governor Walz Releases Budget Recommendations

Governor Walz released his budget recommendations last week in what is commonly referred to as the unofficial start to the Legislative Session. The Governor’s $52.4 billion two-year budget proposal was advertised as a COVID-19 recovery budget.