abc
QUICK LINKS:

Quick-Moving Tax Bill Put To Minnesota House Vote

Created: 03/06/2014 7:15 AM KAALtv.com

ST. PAUL, Minn. (AP) - Barely a week into the legislative session, a $500 million package of tax cuts and repeals is being put to a vote in the Minnesota House.
 
The Legislature is racing to undo some business sales taxes adopted last year, including one on warehousing services that will kick in April 1. The bill up for consideration Thursday also lines up Minnesota's tax code more closely with the federal one, making some exemptions and deductions available to state filers.
 
When fully implemented, hundreds of thousands of income tax filers would face lower tax burdens. But the plan is no sure thing because leaders of the Democratic-led Senate haven't decided if they will embrace the House bill.
 
Gov. Mark Dayton is urging swift action on something along the lines of the House bill.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

mgn online


Wind Advisory

MN AREAS AFFECTED: Blue Earth; Brown; Chippewa; Faribault; Freeborn; Lac Qui Parle; Martin; Nicollet; Redwood; Renville; Swift; Waseca; Watonwan; Yellow Medicine
Expires: 11/24/2014 6:00 PM

Wind Advisory

IA AREAS AFFECTED: Calhoun; Carroll; Cerro Gordo; Emmet; Greene; Hancock; Humboldt; Kossuth; Palo Alto; Pocahontas; Sac; Webster; Winnebago; Worth; Wright
Expires: 11/24/2014 6:00 PM