Little-known tax advantage benefits Minnesota businesses
Despite all the complaints about high business taxes in Minnesota, the state has at least one distinct advantage. The North Star State is one of 15 nationwide that don’t levy property taxes on...
View ArticleMinnesota property tax change will shift the burden
In order to save about $500 million toward solving a $5 billion state budget deficit, lawmakers killed off the market value homestead credit (MVHC), which had been a product of 2001 property tax reform...
View ArticleRepublicans pitch property tax relief
There’s been growing discontent around the state as many come to realize just how much their individual property tax bills may increase next year.
View ArticleLocal tax bills could climb 4.7 percent statewide
Minnesota’s local governments have proposed property tax levies that are 1.2 percent higher than last year, according to data from the Minnesota Department of Revenue.
View ArticleIowa governor focuses on property tax
Gov. Terry Branstad is stepping up pressure on Democratic lawmakers to move on his proposal to overhaul Iowa’s property tax system.
View ArticleNorth Dakota court rejects property tax lawsuit
North Dakota’s Supreme Court says people who support abolishing property taxes can’t enforce state laws against illegal campaigning.
View ArticleFree-for-all? Loosened TIF rules may continue for construction projects
Minnesota lawmakers may be set to repeat the same oversight they made in 2010: loosening property tax rules to stimulate construction and hiring, without requiring reporting on how many resulting jobs...
View ArticleGovernor reflects on highlights of Minnesota legislative session
Gov. Mark Dayton sat down with Finance & Commerce's sister publication Capitol Report in a wide-ranging interview Thursday.
View ArticleHow to catch a Shutterfly
State and local officials have assembled a package of up to $3.17 million in incentives for Redwood City, Calif.-based Shutterfly’s plans to build a new manufacturing plant in Shakopee.
View ArticleProperty tax cut proposal clears Wisconsin budget committee
Gov. Scott Walker's $100 million property tax cut proposal won bipartisan support in the Legislature's budget committee Tuesday.
View ArticleConferees weigh vastly different tax bills
As passed, the House and Senate bills have only a few major elements in common, leaving conferees the onerous task of combining fundamentally different bills that stand to have substantial impact on...
View ArticleHigher taxes floated as Wisconsin local roads funding option
Wisconsin cities, towns and counties joined together Wednesday to encourage that everything — from a new personal property tax on vehicles to regional cooperatives that would share resources — should...
View ArticleLawmaker seeks to scale back Minnesota farm property taxes
Rep. Steve Drazkowski of Mazeppa, the incoming chairman of the House Property Tax and Local Government Finance Division, said his proposal would exclude farmland from being taxed for capital bond...
View ArticleWalker focuses on property tax cut
Wisconsin Gov. Scott Walker said he remains committed to lowering property taxes next year even though the state faces a projected $2.2 billion state budget shortfall.
View ArticleWisconsin chamber pushes personal property tax end
The proposal is meeting resistance because homeowners would have to make up for the lost revenue.
View ArticleBusiness groups on edge with property tax cuts in limbo
As wrangling over a $1.9 billion surplus gums up budget negotiations, the window for meaningful business tax reform is tightening — especially considering the dramatic differences between the House and...
View ArticleTentative budget deal helps Rochester avoid tax hike
A proposed compromise at the Capitol would allow Rochester to tap a pair of local sales taxes rather than resort to a property tax hike to cover costs associated with the Destination Medical Center.
View ArticleSt. Paul to consider soccer stadium tax breaks
A resolution set for a Wednesday vote props up plans endorsed by St. Paul Mayor Chris Coleman to build a Major League Soccer stadium on a former bus maintenance facility.
View ArticleHow to catch a Shutterfly
State and local officials have assembled a package of up to $3.17 million in incentives for Redwood City, Calif.-based Shutterfly’s plans to build a new manufacturing plant in Shakopee.
View ArticleProperty tax cut proposal clears Wisconsin budget committee
Gov. Scott Walker's $100 million property tax cut proposal won bipartisan support in the Legislature's budget committee Tuesday.
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