May 21st Session Adjournment Looming Over Bonding, Tax and Stadium Bills

By KBJR News 1

May 21st Session Adjournment Looming Over Bonding, Tax and Stadium Bills

May 1, 2012 Updated May 1, 2012 at 2:33 PM CDT

St. Paul, MN (Northland's NewsCenter) --- After missing their self-imposed adjournment date of April 30th, Governor Mark Dayton and the state legislature are attempting to negotiate a session-ending deal that would push the bonding bill, omnibus tax bill and funds for the new Vikings stadium through the capitol.

However, a 2-hour meeting in the Governor's office on Monday did not show any signs of progress for the three bills.

Governor Dayton said that yesterday's 2 hour meeting focused on the “significant differences” over the issue of taxes that keep coming between himself and Republican leaders.

Republicans say they support a tax relief package that would borrow from the state’s cash reserves. They argue their plan will boost private-sector jobs, but Dayton calls their approach “fiscally irresponsible.”

Republicans say that the tax bill and the bonding bill are their top priorities and hinted that a vote on the Vikings stadium may have to wait until the other two bills have been taken care of.

However, some Democrats say that Republicans are “holding the Vikings stadium hostage".

The MN Legislature is set to adjourn on May 21st.

Posted to the web by Krista Burns