The bill sponsors said they think they still have enough DFL votes to approve the final bill and expect some Republicans to support it.
Sen. Sandra Pappas, a St. Paul DFLer who chairs the Senate’s Capital Investment Committee, last week said “it’s only fair that we focus on funding the projects for members that are willing to be partners and that are voting for the bill.”
“This would be a good time to batten down the financial hatches. Not because a recession is at hand, it’s not. And not because the banking system is set to unravel, it won’t. It’s because of a politically manufactured crisis …”
Many economists have reached similar conclusions about minimum wage increases in the past, but some progressives and labor groups argue $15 still isn’t high enough to ensure working class families can make ends meet.
The tax hike, which would raise $200 million a year for housing projects and programs in the seven-county area, is part of a $1 billion investment in affordability that sponsors and advocates are calling historic. It would be the first-ever tax dedicated to affordable housing.
You know how Al Gore “invented the internet?” Minneapolis’ 48th mayor just “invented” Tuesday.
Even as Democrats coalesce around a series of tax cuts and credits, the child care credit is one of a few significant differences the House and Senate will need to reconcile. It’s also one of few major DFL tax plans to benefit middle class residents.
Experts say Minnesota would be the only state to adopt a measure targeting corporations that have subsidiaries overseas.
House and Senate leaders also agree on a partial rollback of the state’s tax on Social Security benefits.
DFL Senate leaders say they are mostly aligned with DFL House leaders on the size of the Social Security tax cut.
A change to the city’s zoning laws, which could take effect later this year, could soon allow triplexes on single-family lots.
Council members who support rent control hope to convince the mayor to at least let the issue pass through to the voters if they couldn’t muster a veto-proof majority.
The House tax bill released Monday represents House Democrats’ view that wealthy individuals and corporations don’t pay their fair share and that any tax relief should be aimed at those at the lowest incomes.
Since the pandemic, demand for food, cash and health programs has surged. But applicants have faced long waits on phone hotlines — and when they show up for help at a county office, workers say they often must turn them away.
About 42 million Americans receive SNAP benefits, according to the USDA. In 2022, it helped 435,900 Minnesotans or 8% of the state’s population.
The proposed quarter-cent sales tax would raise around $200 million a year with the money being sent in three directions: seven counties, cities and a state rental assistance program.
Despite setbacks, the mining industry has not given up hopes of establishing a new era of mining in the state to extract nickel, copper, cobalt and perhaps other metals, incentivized by the prospects the United States will need more of these materials to shift to clean energy and a greener economy.
Such rideshare and delivery fees are among a series of taxes moving through the House Transportation Committee to supplement traditional sources of money that pay for roads: gasoline taxes, tab fees, sales taxes on car parts and special transportation sales taxes.
Gov. Tim Walz and some legislators had originally proposed $276 million in state spending on broadband this year.
Students with private loans were left out of a recent loan cancellation settlement.