Minnesota Legislature
Conference committee strikes tax agreement; bill may be session’s finale
By Rob Hubbard
The “dream big” approach seems to have worked in forging a compromise tax bill.
The two tax chairs came in with one highest-priority item on each of their to-do lists, and they both made it intact into the final bill announced Saturday afternoon.
For the Senate, it was elimination of all income taxes on Social Security benefits. For the House, it was property tax relief, primarily in the form of making the renter’s credit into a refundable income tax credit.
Both provisions are in the final version of HF3669, a bill sponsored by those tax chairs, Rep. Paul Marquart (DFL-Dilworth) and Sen. Carla Nelson (R-Rochester). After they signed their conference committee’s agreement, it’s now up to the House and Senate to approve the compromise legislation, and House Speaker Melissa Hortman (DFL-Brooklyn Park) has said that it may be the last bill passed off the House Floor on Sunday night.
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The “dream big” approach seems to have worked in forging a compromise tax bill.
The two tax chairs came in with one highest-priority item on each of their to-do lists, and t...
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Lawmakers and omnibus bills: A love-hate relationship
By Tim Walker
Finally, spring is in the air, heralded by early blooming flowers popping out of the ground to bring relief to winter-weary souls.
Springtime at the Capitol is also the seas...
State’s projected budget surplus swells to $9.25 billion
By Rob Hubbard
What was expected in November to be a $7.7 billion General Fund surplus is now up to $9.253 billion for the current biennium, according to an updated budget forecast.
