Senate Passes Tax Plan It'll Take To Negotiations With House
ST. PAUL, Minn. (AP) — Minnesota's Senate has adopted a tax plan that could put a dent in property taxes for homeowners, farmers and businesses — except for railroad companies.
The bill that passed on a 42-25 vote Monday marks the Democratic-led chamber's position in a negotiation to come with Republican House lawmakers, who have approved a further reaching tax-cut package.
Besides some scattered tax credits, the bill offers modest property tax relief. Railroad companies would pay a higher property tax, but they have threatened to sue if it becomes law.
Democratic Sen. Rod Skoe says it's about being prudent with the state's surplus without going overboard with tax cuts. Republican Sen. Julianne Ortman responded with a "Where's the relief?" message in the vein of a 1980s burger chain's "Where's the beef?" ads.
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