Bonding update

The Senate Bonding Committee met several times to review technical changes necessary for previously approved projects to move forward. However, those issues became entangled in larger conversations regarding how the federal money would be distributed. The lack of federal guidance on the resources that were awarded to the state set conference committees and negotiations in other areas back.

The budget target for bonding was one of the only targets that will be determined at a later date. As a result, it is hard to project what the prospects of a bonding bill are or what it may even look like. However, larger bonding bills are typically done on even years so it is unlikely a significant bonding bill will be done this year.