For more information contact: Jessica Nyman 651-296-8877
St. Paul, MN – On a party line vote, the Republican House Majority passed HF 2337, which would make dramatic cuts to the Renters’ Credit Program in order to provide tax relief for businesses and corporations like Wal-Mart.
Republican legislators passed a permanent annual cut to the Renters’ Credit of $70 million. As a result, nearly 300,000 Minnesotans will see a reduction or elimination of this refund. Of these 300,000 Minnesotans, approximately 87,000 are seniors or disabled renters living on fixed incomes and struggling to make ends meet.
“This bill asks 300,000 Minnesotans—86,000 of which are senior and disabled renters—to pay more so that corporations can pay less", said Rep Mariani, “and that is wrong.”
“Of the 44,160 renters in Ramsey County, almost all, 43,890, would see a decrease or elimination of their Renter’s Credit. Mariani noted, “This adds more pain to hard working citizens who are trying to climb out of the financial suffering caused by the economic recession.”
“Taking money out of the pockets of those who are struggling to make ends meet in order to throw money at big business, and with no qualification to actually use that windfall to create new jobs, is both reckless and wrong and hurts Minnesota.”