Bipartisan bill provides millions in tax cuts for Minnesotans
January 23, 2023
Governor Tim Walz has signed bipartisan legislation providing $100 million in tax cuts to Minnesota individuals and businesses. This bill, the first to pass in the 2023 legislative session, will update several provisions in the state’s tax code to conform to the federal tax code for tax years 2017 through 2022. It is the fastest a tax conformity bill has ever been enacted in Minnesota.
Exempting student loan forgiveness from state taxes
Tax cuts for businesses impacted by pandemic