- Created: Friday, 15 February 2019 09:47
- Written by Elizabeth Glidden and Libby Murphy, MHP Policy Team
The sixth week of the legislative session was a flurry of activity, as bills were finalized and introduced in order to meet the March 15 deadline for hearing bills in committee.
The Homes for All Coalition package bills have been introduced, including the bill with appropriations requests for programs overseen by Minnesota Housing. MHP has introduced bills for the Tax Credit Contribution Fund for Affordable Housing and the state match for Local Housing Trust Funds.
Right: MHP Deputy Policy Director Libby Murphy drops the House Tax Credit Contribution Fund bill into the Hopper
All eyes are on the Governor’s office, as Governor Walz will release his budget no later than February 19.
Anticipation is also building for the February forecast for state revenues – and it looks like it will not be as positive as reported in December. The January report from Minnesota Management and Budget states that for fiscal year 2019, year to date receipts are now $12.805 billion, $374 million (2.8 percent) less than forecasted. The forecast will impact the Governor’s budget and budget targets set for committees in the House and Senate.