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On Thursday, February 27, Minnesota Management and Budget announced that the state’s projected surplus for FY2020-21 has grown to $1.5 billion, up from $1.3 billion in November 2019.
The Minnesota House and Senate reconvened at noon, today, at the State Capitol for the start of the second regular session of the 91st Legislature.
Today, Governor Tim Walz released his 2020 capital investment recommendations. The proposal would provide $224.2 million for University of Minnesota capital projects.
With only a few minutes to spare before the self-imposed 7 a.m. Saturday morning deadline to end the special session, the House and Senate adjourned the session sine die on May 25, finalizing the remaining budget bills for the FY20-21 biennium that begins July 1. Legislators have returned to their districts. The 2020 legislative session will begin on February 11 at noon.
Late last night, after several hours of negotiations, the House and Senate passed the higher education omnibus appropriations bill. It is now headed to Governor Walz, who will sign it into law. The Minnesota Legislature subsequently adjourned at midnight, thereby concluding the regular legislative session.
On May 1, the Minnesota House and Senate completed their respective omnibus budget bills in areas like higher education, taxes, transportation, and public safety. All budget bills are now in conference committees, where members of both chambers will work out the differences.
Today marks the beginning of the Minnesota Legislature’s Easter/Passover break. All omnibus budget bills have now passed out of their respective committees, per the legislative deadlines. Several bills have also advanced through House Ways and Means and the Senate Finance Committee, and are now awaiting action by either the full House or Senate.
The Minnesota House of Representatives unveiled its higher education omnibus finance bill this week, and it includes $114 million for the University of Minnesota— $27 million above the University’s $87 million request.
On = March 22, Governor Walz released his revised budget recommendations for FY2020-21. Today, the House DFL majority released its budget targets. The House proposed a $304.9 million increase for higher education, which includes the University of Minnesota, Minnesota State, and the Office of Higher Education.
It’s first deadline week at the Minnesota State Capitol, with legislators from both bodies moving swiftly to advance their policy bills before the clock strikes midnight tonight. Bill deadlines winnow the number of bills moving forward for the remainder of the session, as well as identify additional priorities for the parties.