Minnesota Legislative Session ends with a number of pieces left on the table
Several proposals that would impact Minnesota farmers remain in limbo as the 2022 Legislative Session comes to a close.
Minnesota Farmers Union government relations director Stu Lourey tells Brownfield the House and Senate could not reach deals related to major spending items like bonding, healthcare, and taxes.
“We’re leaving a ton of infrastructure dollars from the federal government on the table without a spending deal, we’d be walking away without an historic tax bill, the largest tax cut in state history including meaningful relief for farmers, and a number of other pieces.”
Lourey says the $4 billion tax bill would expand the nation-leading Beginning Farmer Tax Credit to family members for sale of agricultural properties and increase the Ag to School Tax Credit to 85 percent.
“If this were to pass the state would reimburse farmers for 85 percent of that levy, which would be a huge tax cut for those folks, and a win for those rural schools.”
He says Governor Walz and the Democrat-controlled House want a short special session to finalize these deals, but Republican Senate Majority Leader Jeremy Miller doesn’t sound as optimistic about those prospects.