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Bonds. Big Bonds.

Page 4 of 4

Indeed, earlier this year, Martin introduced legislation with all the same changes for industrial development authorities — except the student loan provision, which he omitted. The governor signed it into law.

Martin says he thinks AHELA deserves serious scrutiny.

He believes there should have been a request for proposals where other nonprofits could have competed for the bonds — or perhaps a situation where several nonprofits get a piece of the work.

Based on the governor's veto, Martin is fairly sure she will not be receptive.

"Frankly, I thought maybe we could change the governor and not have to worry about a fight over this," says Martin. "But now you're talking about having to go out and make this happen with the same governor who let it happen in the first place.

"This will be a war."

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Sarah Fenske
Contact: Sarah Fenske