- Created: Friday, 16 May 2014 01:15
**Update 12pm May 16: The bonding bill was passed by the Senate this morning and is headed to Governor Dayton for his signature.**
Days before the end of legislative session, $100 million in bonding for housing is poised for final passage.
Early in the morning on May 16, the House passed a compromise bonding bill off the floor, which includes a record $100 million in bonds for housing. Because a three-fifths majority is required for bonding bills, the bill needed the support of at least eight Republicans to pass. In the end the bill passed 92 to 40.
This bill, which totals $846 million, will next head to the Senate floor, where passage is also expected. An additional $200 million cash bill was also passed by the House.