House GOP lines up tuition tax credit, Social Security help

Published 10:07 am Thursday, March 23, 2017

ST. PAUL — House Republicans said they want to exempt more Social Security income from the taxes of Minnesota residents, create a credit for student loan payments and reduce property taxes for farmers as part of a $1.35 billion tax relief bill released Wednesday.

The large tax bill shows Republicans eagerness to provide tax relief after several years without a tax bill. The request is the high-end of what Republicans think they may be able to get in negotiations with Gov. Mark Dayton over how to divvy up the state’s $1.65 billion surplus.

“In the last two years, it’s Minnesotans who haven’t been able to appreciate and be part of the prosperity that they have created for our state budget,” said Republican Speaker of the House Kurt Daudt. “We think they’ve been left out and think it is time that they feel some of the benefit of the work that they have done to create the surplus that we have.”

Email newsletter signup