House omnibus tax bill makes dramatic cuts to renters’ property tax refunds
Last month we discussed dramatic cuts to the Renters’ Credit passed by the House Property and Local Tax Division. Those cuts were used to pay for a reduction in the statewide business property tax. The...
View ArticleSenate omnibus tax bill worsens state’s future revenue shortfall
The Senate Tax Committee passed its omnibus tax bill, Senate File 1972, last week. The bill includes $104 million in tax cuts in FY 2012-13 and $195 million in FY 2014-15. The major tax cut provisions...
View ArticleLawmakers still considering asking renters to pay for business tax cuts
Many Minnesotans put the final touches on their income tax forms yesterday, and as they did so, many also submitted their applications for state property tax refunds, which help homeowners and renters...
View ArticleA few pieces from vetoed tax bill find a home in House File 2690
I blogged earlier today about how some of the ideas from the vetoed omnibus tax bill (House File 2337) have found new life in two other tax bills moving today at the Legislature. House File 247...
View ArticleTax debate ends with one bill signed, one pocket veto
This afternoon, we saw the final chapter of the tax debate for the 2012 Legislative Session as Governor Dayton took action on the two remaining tax bills. And we are largely back where we started, with...
View ArticleTax bill makes strides toward tax fairness, investments in our future
Governor Dayton, the House and Senate all made commitments this year to tax plans that would resolve the state’s budget deficit, fund investments and make the tax system less regressive. They had...
View Article2013 tax bill makes progress toward economic and racial justice
The 2013 Legislative Session brought Minnesota some much-needed improvements to the tax system. The omnibus tax bill raises revenues to fund the state’s priorities and close the budget deficit, and...
View ArticleRenters’ Credit should be part of tax plan
When the Legislature comes back into session next week after the Easter/Passover break, we encourage policymakers to focus their final tax bill negotiations on tax policies that create a fairer tax...
View ArticleOmnibus tax bill includes Renters’ Credit increase
Late Wednesday night, the Tax Conference Committee put together the second major tax bill of the session, House File 3167. Throughout this session, we’ve called on policymakers to make the tax system...
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