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Taxes

15th MEETING

2015-2016 Regular Session - Thursday, February 19, 2015

STATE OF MINNESOTA 15th MEETING
HOUSE OF REPRESENTATIVES EIGHTY-NINTH SESSION

TAX COMMITTEE
MINUTES

Representative Davids, Chair of the Tax Committee, began the meeting at 10:15 A.M. on February 19th, 2015, in Room 200 of the State Office Building.

The Committee Legislative Assistant noted the roll.

Members present:


DAVIDS, Gregory M. McDONALD, Joe
BARRETT, Bob PETERSBURG, John
ANDERSON, Sarah SIMONSON, Erik
ANZELC, Tom SWEDZINSKI, Chris
CARLSON, Lyndon TORKELSON, Paul
DRAZKOWSKI, Steve WILLS, Anna
ERHARDT, Ron
ERICKSON, Sondra
GAROFALO, Pat
HACKBARTH, tom
KNOBLACH, Jim
KOZNICK, Jon
LESCH, John
LOEFFLER, Diane
LOON, Jenifer

Members excused:

DAVNIE, Jim
LENCZEWSKI, Ann
MELIN, Carly
SLOCUM, Linda

Representative Davids began the meeting at 10:15. A quorum was NOT present.

A quorum was present at 10:18 and the meeting was called to order.

Representative Simonson moved that the minutes of February 18th, 2015 be adopted. THE MOTION PREVAILED.

Representative Anderson, S. moved that HF65 come before the committee.

HF65 Anderson, S.: Small business investment credit increased.

Representative Anderson, S., Chad Olson of ByME, Pramote Hocharon of Nirva Medical, Genevieve Plumadore of LifeScience Alley, and Bob Isaacson of DEED, testified on HF65, first engrossment.

Representative Simonson moved to orally amend HF65 as follows:
Page 1, line 15, strike “and before January 1”
Page 1, line 16, strike “2017, $7,500,000” and insert “50 percent”
THE AMENDMENT WAS ADOPTED.

Representative Anderson, S. moved that HF65, as amended, was laid over for possible inclusion in the omnibus tax bill.

Representative Anderson, S. moved that HF66 come before the committee.

HF66 Anderson, S.: Small business investment credit sunset repealed.

Representative Anderson, S. testified on HF66, first engrossment.

Representative Anderson, S. moved that HF66 was laid over for possible inclusion in the omnibus tax bill.

Meeting adjourned at 10:51 A.M.




Representative Greg Davids, Chair




Andrew Hasek, Committee Legislative Assistant
More Info On This Meeting..
Bills Added:
  • HF0065 (Anderson) - Small business investment credit increased.
  • HF0066 (Anderson) - Small business investment credit sunset repealed.