SAINT PAUL, Minn. – Today, the Minnesota House voted to table HF 2437, the 2025 House Tax bill. The Minnesota Constitution requires that tax bills originate in the House, and it is common historical practice for the House to refrain from passing a tax bill off the House floor until after global budget agreements are reached.
In a win for the average Minnesotan, the House Tax bill contains no corporate giveaways or reckless tax cuts for the ultra-wealthy, maintaining Minnesota’s status as the most progressively taxed state in the nation. Republicans refused to consider needed and reasonable revenue strategies, like asking the ultra-wealthy and large corporations to pay their fair share, which would protect key services that Minnesotans rely on daily. Even so, there are several proposals within the bill that will deliver positive change for the state.
“Given the nature of the legislative tie, the House Tax bill is likely as good as it gets. But that doesn’t mean it’s close to good enough,” said Rep. Aisha Gomez (DFL – Minneapolis), Co-Chair of the Taxes Committee. “While Trump and federal Republicans are getting rich off of opulent tax cuts for the super wealthy and insider trading, we are stuck tightening our belt and debating devastating cuts to critical services. When we head to conference committee, I am committed to crafting a bill that meets the true needs of our state.”
Building upon the historically successful Child Tax Credit, the legislation enhances the already effective credit by creating a $100 baby bonus for growing families. It also allows Minnesotans to file income taxes with the Minnesota Department of Revenue for free, reducing their need to pay fees to use software like TurboTax from for-profit tax processing companies.
The legislation does contain a few minor proposals which will have an outsized positive impact on the state. The bill initiates a land value tax pilot program for Minneapolis and Saint Paul which could prove to be an effective tool in spurring development of neglected properties. It enhances provisions that help low-income Minnesotans file their taxes, ensuring that everyone can navigate tax season effectively.
The complete bill language can be found here. Video of the floor debate on the bills can be found on the House Information YouTube page.
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