MHTA – Many of MHTA’s legislative agenda items remain wrapped up in a Minnesota House and Senate Tax Conference Committee. Lawmakers are continuing to push toward an April 30th adjournment.
After a meeting last week between the Governor and legislative leadership, Speaker Zellers told the Pioneer Press that the House GOP’s priorities include phasing in the upfront sales tax exemption on capital equipment purchases and Governor Dayton identified the R&D Tax Credit and Angel Investment Tax credit as two items he could support. MHTA will continue to advocate for these and other components of the tax bills including modifying the sales tax exemption for data centers and the technology corporate franchise tax certificate transfer program. The conference committee is anticipated to meet this week to begin negotiating the components of the final bill.
The bonding bills remain on the floors of the House and Senate waiting for action. MHTA sent a letter to all legislators over the recess expressing our support for the STEM and research facilities at the University of Minnesota and MnSCU campuses. We will continue to advocate for a bonding bill that includes these items if a bill is passed this session.
Finally, MHTA continues to work with Rep. Tim Mahoney to secure funding for the Minnesota Science and Technology Authority. If you have not already, please contact Speaker Zellers, Majority Leader Senjem and Governor Dayton to share your support.