Dayton Gets Bill To Repay Delayed Business Refunds

ST. PAUL, Minn. (AP) — Minnesota businesses that saw tax refunds delayed as the state dealt with a cash crunch are in line to get repaid sooner than anticipated.

The Senate voted 64-0 on Thursday for a bill that would get corporate franchise and sales tax refunds out before July 1. The House approved the same bill last week.

It scraps a payment delay the Legislature and then-Gov. Tim Pawlenty imposed last year to help Minnesota pay other bills on time as state cash flow dipped to worrisome lows.

Republican Sen. Julianne Ortman says the administration of Democratic Gov. Mark Dayton is prepared to pay out $80 million in refunds sooner than July 1 but needed legislative authorization first.

The tax bill also puts Minnesota’s tax code in line with various federal tax changes.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Tom

    Remember although it was T PAW who didn’t give it to begin. I think it is preety good that a Dem is giving v=back to business. If yoiu have a problem with that then it it your problem

  • Tom


    What is worse a tax n spend liberal? Or a borrow and spend Conservative?

  • Tom


    Apparently you scared Norge away with the truth lol

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