State Sen. Nelson: bipartisan agreement reached on Minnesota tax bill

State Senator Carla Nelson says the bill will provide meaningful tax relief for Minnesota families and businesses.

Posted: Jun 15, 2021 1:10 AM

ROCHESTER, Minn. - As lawmakers meet to hammer out Minnesota's next two-year budget, State Senator Carla Nelson says leaders have reached an agreement on a new tax bill.

As chair of the Minnesota senate's tax committee, Senator Nelson (R-Rochester) was deeply involved in negotiating the agreement with democratic members of the Minnesota House and Governor Walz. Nelson tells KIMT the $944 million bill is focused on jumpstarting Minnesota's economy, and helping small businesses and workers alike recover from the pandemic.

"It's a great bill for Minnesotans - empowering Minnesotans, and spurring economic growth. It does not include tax hikes, and does include strategic investments to help Minnesotans, our employers, and our employees thrive, not just survive, thrive, and recover stronger from COVID," Nelson said.

In addition to preventing any tax increase for state residents, Senator Nelson says the bill ensures Minnesota will not tax federal pandemic unemployment benefits up to $10,200, or PPP loans made to businesses. With the legislation set to provide close to $1 billion in tax relief, Senator Nelson believes more Minnesotans will be able to keep more of their paychecks.

"They are going to see about a billion dollars in tax relief. That is allowing Minnesotans to keep more of their hard-earned money. We know they know how to spend it better than the state government does. And we know that state government requires significant resources, but those resources are there, and they're being augmented by the federal government. We did not need to take more money out of Minnesotans' pockets."

The Senator also highlights provisions in the bill extending Minnesota's Angel Tax Credit, Historic Structure Rehabilitation Credit, and a new tax credit incentivizing the development of affordable housing. Nelson tells KIMT the bill will make its way through the Minnesota legislature and arrive at the Governor's desk before the end of this month.

Minnesota Coronavirus Cases

Data is updated nightly.

Cases: 609387

Reported Deaths: 7743
CountyCasesDeaths
Hennepin1262491796
Ramsey52997910
Dakota47216475
Anoka43200465
Washington27664296
Stearns22659227
St. Louis18245319
Scott17686139
Wright16518153
Olmsted13503103
Sherburne1212396
Carver1073749
Clay829692
Rice8249111
Blue Earth769944
Crow Wing687999
Kandiyohi669885
Chisago626954
Otter Tail590087
Benton585198
Goodhue485574
Douglas477781
Mower477533
Winona463552
Itasca462768
Isanti445566
McLeod434261
Morrison427762
Beltrami410163
Nobles409850
Steele400719
Polk390772
Becker389157
Lyon365054
Carlton356958
Freeborn350734
Pine337323
Nicollet334045
Mille Lacs314856
Brown308640
Le Sueur299527
Cass288133
Todd288133
Meeker265444
Waseca240723
Martin236933
Roseau212221
Wabasha20833
Hubbard197741
Dodge18943
Renville183146
Redwood178141
Houston175416
Cottonwood168124
Wadena165023
Fillmore158910
Faribault156920
Chippewa154038
Pennington153820
Kanabec147828
Sibley147310
Aitkin139237
Watonwan13619
Rock129019
Jackson123112
Pipestone117126
Yellow Medicine115320
Pope11396
Murray107310
Swift107318
Koochiching96819
Stevens92611
Clearwater89217
Marshall88817
Lake84320
Wilkin83813
Lac qui Parle76122
Big Stone6094
Grant5958
Lincoln5863
Mahnomen5669
Norman5509
Kittson49122
Unassigned48193
Red Lake4037
Traverse3815
Lake of the Woods3474
Cook1740

Iowa Coronavirus Cases

Data is updated nightly.

Cases: 374664

Reported Deaths: 6109
CountyCasesDeaths
Polk58891646
Linn21448342
Scott20426250
Black Hawk16680319
Woodbury15319230
Johnson1473686
Dubuque13595213
Dallas1144099
Pottawattamie11307177
Story1082848
Warren592092
Clinton564393
Cerro Gordo562297
Webster538996
Sioux519174
Muscatine4920106
Marshall491479
Des Moines478275
Jasper452073
Wapello4366123
Buena Vista431040
Plymouth404982
Lee392658
Marion369177
Jones301257
Henry301037
Bremer292763
Carroll286252
Boone271234
Crawford270841
Benton262755
Washington259851
Dickinson250745
Mahaska232551
Jackson225842
Kossuth219166
Clay217327
Tama213372
Delaware211743
Winneshiek200636
Buchanan196734
Page195422
Cedar192923
Hardin191144
Wright189140
Fayette188243
Hamilton186851
Harrison181973
Clayton173057
Butler167835
Madison167719
Floyd164642
Mills163824
Cherokee161538
Lyon160941
Poweshiek159036
Allamakee155552
Hancock153134
Iowa148324
Winnebago145731
Calhoun143113
Cass140855
Grundy139333
Emmet136741
Jefferson134535
Sac132620
Shelby131838
Louisa130249
Union129535
Appanoose128049
Franklin127823
Mitchell127243
Chickasaw125717
Guthrie124532
Humboldt124526
Palo Alto114924
Montgomery106738
Howard105322
Clarke102424
Monroe100633
Keokuk99932
Ida92735
Adair89632
Davis86825
Pocahontas86822
Monona85931
Greene79111
Osceola79017
Lucas77423
Worth7568
Taylor67112
Decatur6629
Fremont64810
Ringgold56824
Van Buren56718
Wayne56323
Audubon52913
Adams3494
Unassigned90
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