ST. PAUL – Rep. Bud Nornes (R-Fergus Falls) has been appointed by Speaker of the House Steve Sviggum to serve as a conferee on the Capital Investment Conference Committee. The committee is responsible to negotiate the differences between the Minnesota House of Representatives and Senate Capital Investment bills.
“I’m pleased to have been selected,” Nornes said. “The bonding bill features many higher education funding requests, and as chairman of the Higher Ed Committee, I have a strong knowledge of all of those requests.”
The House proposal is $949 million in general obligation bonds, with a total of $999 million when user-financed bonds, trunk highway bonds, and cash amounts are included.
The House bonding bill is $138 million more in general obligation than Gov. Pawlenty’s proposal and $40.6 million less in general obligation bonds than what was proposed by the Minnesota Senate. The House bill distributes approximately one-third of its funding to Greater Minnesota, one-third to the seven-county metropolitan area and one-third to statewide initiatives.
The conference committee is tentatively scheduled to meet next week. It is comprised of five House members and five Senate members.