Last night, the House passed the 2023 Tax Bill. Collectively, the bill delivers the largest tax cut in state history with credits, rebates, and other provisions designed to maximize benefits for workers, families, and seniors. It also addresses years of rising property taxes and underinvestment in local communities by providing millions of dollars in property tax cuts and direct assistance to local communities. These critically needed provisions are paid for through the state’s historic surplus and new revenue from measures that target the wealthiest corporations and individuals in the state.
I was proud to vote “Yes” and I’m especially glad the bill includes:
A new and simplified Child & Working Family Tax Credit of up to $1,750 per child which will impact more than one million families and reduce child poverty by one-third.
Measures to reform the Renter’s Property Tax Refund program, incorporating the credit onto income tax filings, resulting in an additional $378 million back to renters over the next two years.
An additional $80 million for Local Government Aid and $80 million for County Program Aid to help local communities deliver critical public services while keeping property taxes in check.
In the last couple of days, we also approved the final versions of our Human Services and State Government Budgets. Our Human Services Budget bill provides support for our most vulnerable Minnesotans, significantly invests in pay raises and increased support for caring professions, and doubles down on our efforts to combat the opioid epidemic. The bill passed on a bipartisan vote of 71-61.
Please continue to share your questions, ideas, and feedback throughout the legislative session. You can reach me by email at email@example.com or by phone at 651-296-6828. You can contact my legislative assistant Sam O'Neill at 651-296-3305 or via email at firstname.lastname@example.org.