Minn. Legislature hoping to vote on jobs bill
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The Minnesota House and Senate are expected to vote Monday on a package of tax breaks aimed at stimulating economic development across the state.
The legislation would reward investors who put their money in small businesses and historic building projects with tax credits. The Mall of America could go forward with a planned expansion in phases instead of as a single project.
Ford Motor Co. would be offered tax breaks to keep its St. Paul plant operating.
The tax measure is expected to generate a wide range of proposed amendments.
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Republican Sen. Julianne Ortman of Chanhassen said she wants to see a racing amendment, which would allow slot machines at Minnesota horse racing tracks.
"I think that we should be looking at solutions," Ortman said. "I think there is a lot of pressure on the Senate and the House now to come up with solutions, and that's a $125 million solution."
Gov. Pawlenty doesn't support an expansion of gambling. He also wants a more comprehensive approach to job creation, including cuts in the corporate tax rate.
(The Associated Press contributed to this report.)