Tax Credits

MN Surplus Expected To Top $1B, Possible Tax Cuts in '16As a sign that Minnesota's economy continues to improve, lawmakers will find out this week about a state budget surplus that's expected to top $1 billion. Gov. Mark Dayton is ready to resurrect a plan to expand child care tax credits, and working family tax credits.
Group Worried Xcel’s Solar Program Won’t Kick In Before Credits ExpireA local group is asking Xcel Energy to pick up the pace of its community solar program.
House Republicans Unveil Tax Relief PlanRepublicans in the state House unveiled a sweeping tax relief package Monday they hope will mean lower taxes for more than 2 million Minnesotans.
Tax Bill Matching Up Minnesota, Federal Code Steams AheadMinnesota lawmakers moved Tuesday to set up swift approval of tax deductions and credits affecting thousands of people and business owners getting ready to file 2014 forms. Tax committees in the House and Senate advanced legislation that lines Minnesota's code up with some recent federal changes. Final votes in each chamber could come later this week, sending the bill to a supportive Gov. Mark Dayton before personal income tax filing season begins next week.
Leaders Urge Caution On Spending State Budget SurplusTalk of tax cuts has followed word that Minnesota's budget will run up a $1 billion surplus. Top Democrats and Republicans separately raised the prospect Thursday of giving tax breaks with a portion of the surplus. The first dose could come soon in the next session as lawmakers weigh whether to match up Minnesota's deductions and credits more closely with those at the federal level.
Health Reform Rollout: Today – 2018
Dayton Proposes Tax Credit To Business For HiringGov. Mark Dayton and legislative Democrats want to give Minnesota businesses a $3,000 tax credit for each unemployed person, veteran or recent college graduate that they hire as a way to push down the state's unemployment rate.
Filmmaker Testifies About Inflated CostsThe budget for a movie that was awarded tax credits in Iowa soared after the film company's partners learned about the state's program that provides tax breaks to attract such projects to Iowa, the film's sound designer testified Wednesday.
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