Minnesota Senate Media Services
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RECAP '11 SESSION - Business Tax Cuts
Posted
May 10, 2011
Views
34
May 10, 2011
34
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2:29Now PlayingBy a vote of 37-26, the Senate passed the omnibus tax bill Tuesday, April 5th. The bill phases out the statewide business property tax; extends the local government aid reductions enacted last year and reduces property tax refunds for renters. The bill would reduce spending by $580 million for the coming biennium. (To view closed-caption video, select the Senate Floor Sessions tab on the left.) Comments from Deputy Majority Leader Geoff Michel, Minority Leader Tom Bakk, and Senate Tax Chair Julianne Ortman.
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