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Senate passes tax bill
The Senate passed its tax bill Friday night on a 34-26 party-line vote. Republicans beat back several DFL amendments.
Dayton supplemental budget aims at health care, jobs
Gov. Mark Dayton has offered a revised budget that raises revenue from business taxes to provide increased funding for several priorities.
House taxes committee hears ‘Amazon’ bill
The House is continuing to grapple with the thorny issue of taxing Internet sales. Legislation that has been the subject of multiple Taxes Committee hearings has drawn opposition from national online retailers.
Shutdown-related bills are moving through Senate
A Republican state senator is moving legislation through committee that would hit lawmakers in their pocketbooks when they don’t pass a budget on time.
Legislative leaders agree on 2012 agenda, but split on details
DFL and GOP legislative leaders expressed optimism that the looming legislative session will be less combative than in 2011 at a panel discussion Tuesday morning. House and Senate leaders of both parties indicated support for a bonding bill, skepticism about the prospects for passing a Minnesota Vikings stadium bill and confidence that the legislative session can be finished prior to Easter.
December surprise: Minnesota has unexpected $876 million surplus
Minnesota will have $876 million more than it is projected to spend in the current two-year budget cycle. The surprise surplus upends fears that the state would once again be facing a budget hole heading into next year's legislative session.
State revenues drop in October compared to forecast
State revenues declined in October by $58 million, or 4.4 percent, compared to the February economic forecast. Corporate income taxes took the biggest dive for the month.
Lawmakers to scrutinize pension assumptions
A policy debate over the financial assumptions for the state’s public pension funds is brewing at the state Capitol.
Peterson, Blue Dogs want greater cost savings from ‘super committee’
On Wednesday the Blue Dog Coalition released a letter calling on the so-called congressional "super committee" to "go big" and lay out roughly $4 trillion in cuts over the next decade. That's significantly more than the $1.5 billion originally outlined in the deal creating the 12-member panel that's slated to report back in November.
Matt Massman moves up at Revenue
Matt Massman in October will become deputy commissioner at the state Department of Revenue. Massman will replace veteran Revenue official Dan Salomone who is retiring October 3.
Wisconsin payment helps Minnesota finish FY ’11 in the black
Minnesota wound up with $355 million more at the end of the 2011 fiscal year than expected, according to a state economic update. Meanwhile, the state's economic consulting firm says the nation's economy is "dangerously close to stall speed."
Dan Salomone to retire from Revenue Department
Long-time state Department of Revenue official Dan Salomone is retiring. His last day is October 3.
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