Omnibus tax bill modifying various tax laws in Minnesota.
This bill modifies several tax laws in Minnesota, including changes to individual income tax, property tax, sales and use tax, and local sales tax. It extends certain tax increment financing periods, modifies tax credits and exemptions, and adjusts the allocation of tax revenues. The bill also includes provisions for the collection and distribution of taxes on cannabis and other substances, and establishes a consumer protection restitution account.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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