Stay Curious. Stay Connected.
MailNewsletters♡Donate Now
Sign up
*Password must be at least 8 characters and contain one uppercase letter, one lowercase letter, one number and one symbol.
Already have an account?
By submitting, you consent that you are at least 18 years of age and to receive information about MPR's or APMG entities' programs and offerings. The personally identifying information you provide will not be sold, shared, or used for purposes other than to communicate with you about MPR, APMG entities, and its sponsors. You may opt-out at any time clicking the unsubscribe link at the bottom of any email communication. View our Privacy Policy.
Sign in to your profile
Forgot Password?
New to MPR News?
Welcome back
to news
for you
Reset Password

Enter the username on file and we'll send you a code to reset your password.

Still require assistance or not sure what your User Name is?
Welcome back
to news
for you
Email Verification

A verification code has been emailed to

Still awaiting the code?
St. Paul, Minn. (AP)

Minn. Senate tax bill has tax breaks for business

Go Deeper.

Create an account or log in to save stories.

Log inCreate a free Account

Like this?

Thanks for liking this story! We have added it to a list of your favorite stories.

Show me!

The Minnesota Senate will debate a tax bill that Republicans say helps close a $5 billion budget shortfall without state tax increases but that Democrats say will end up forcing local property tax increases.

The Senate is slated to continue a debate Tuesday on its omnibus tax bill. The bill cuts spending by $580 million, and extends property tax relief to businesses by eliminating the statewide property tax on businesses entirely over the next dozen years. Republicans say that will make Minnesota a better place to do business.

The bill also reduces aid to local governments and trims the size of a property tax refund for renters. Gov. Mark Dayton's Department of Revenue says those and other provisions will result in higher property taxes for homeowners.

(Copyright 2011 by The Associated Press. All Rights Reserved.)