In his final budget adjustments, Gov. Mark Dayton on Friday announced he would spend $226 million of the state’s projected $329 million surplus, with an emphasis on school safety and education, transportation infrastructure, expanding broadband and altering taxes to conform to recent changes in federal law.
Dayton’s plan, which he called “almost revenue neutral,” centers on the federal Tax Cuts and Jobs Act of 2017 and then hinges on many of the governor’s top priorities. “I’m going to warn you in advance,” he said. “This is complicated.”
The governor’s plan includes $20 million in revenue changes – taxes – by reinstating business and industrial property taxes, restoring tobacco and premium cigar taxes, adding new taxes to exempt data centers and ending certain corporate tax reliefs afforded in the federal code. Dayton pitched expanding the Working Family Tax Credit and separating the state income tax system from the federal government’s system by using adjusted gross income instead of federal taxable income – a change that would give 1.9 million Minnesotans an average of $117 in tax relief.
Proponents believe a bill that would make a significant impact on MNsure’s operations will address the ‘root’ of rising health plan costs.
Without an affordable means of desalinating water, lawmakers are looking to enact preventative measures to keep chloride out of Minnesota’s waters in the first place. A bill...
HF2835 would appropriate $9 million from a Driver and Vehicle Services account to reimburse deputy registrars hurt by MNLARS.
HF3370 would require school districts to establish a threat assessment team to evaluate and intervene when an individual displays behaviors that pose a threat to the safety of school staff and students.
HF2790 would increase and impose an inflation adjustment on the cigarette excise tax and raise the maximum tax on premium cigars.
Having people make a better choice behind the wheel is the goal of a bill supporters say is long overdue. It was approved Tuesday by the House Public Safety and Security Policy and Finance Committee.
The exorbitant cost of prescription drugs is widely acknowledged, but one bill heard Tuesday would make leftover and donated drugs available to people who can’t afford to pay.
Drivers for Lyft and Uber wouldn’t face same strict background checks as cities like Minneapolis, St. Paul have enacted
A bill would make technical changes to statutes governing businesses like LLCs, LLPs and nonprofits
Companies would be able to create credit reports for children under 16, then add security freezes
The latest numbers are a $517 million swing from the November forecast
The state’s latest economic forecast projects a budget deficit of $188 million for the current two-year biennium, and a $586 million deficit for the 2020-21 biennium
The budget process explained — and why it matters