ND District 20 Legislators Comment on House Bonding Bill
Hillsboro, ND — The North Dakota House of Representatives last week approved a bonding bill worth more than $680 million to help pay for a number infrastructure projects across the state. The bonding bill had originally included more than a billion dollars’ worth of projects but had since been slimmed down. District 20 Legislators Jared Hagert and Mike Beltz weighed in on the bonding during the Hillsboro Business Association Legislative Forum this past Sunday, which was broadcast on YourLiveEvent.com. The bill includes funding for the Fargo-Moorhead diversion, Minot flood control, highway repairs, infrastructure loans for cities and counties, and renovations to the NDSU agriculture building. Representative Beltz says with low interest rates, now is a great time for a bonding bill.
The Fargo-Moorhead Diversion project accounts more than half of the House bonding bill, totaling $435.5 million. Representative Hagert says this bonding bill would help speed that project up and provide equal assistance for other flood projects.
The House Bonding Bill will now go to the Senate Appropriations Committee, where it is expected to undergo more changes before a final bill can be approved. The Senate is expected to wait for the new state revenue projections in mid-March to come out before putting together their version, however.