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State tax revenue rises in August

State tax collections saw an uptick in August. State finance officials reported today the total revenue haul for the month was $1.22 billion. That was $41 million, or 3.5 percent, more than predicted in February’s economic forecast.

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Tax conferees reach deal on omnibus bill

The tax bill is now alive and in play. House and Senate conferees approved the bill on Saturday night that provides tax reductions and credits for businesses. It would also open up a roughly $140 million hole in the next two-year general fund budget if Gov. Mark Dayton signs it into law.

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