Independent state Sen. Tom Bakk and his DFL counterpart in the House, Rep. Fue Lee of Minneapolis, say they want to pass a bonding bill this year. But with two weeks to go in the session, Bakk’s committee has met just twice so far — and hasn’t passed any proposals.
Minnesota's 'angel' tax credit program — which allows those who invest in early-stage businesses to claim a 25 percent tax credit — has been popular, but it has come nowhere near its goals for boosting startups by nontraditional owners.
The governor is calling for more support for those hit hardest by pandemic and more taxes on the wealthiest Minnesotans.
But State Senate Majority Leader Paul Gazelka said tax increases are a non-starter with Senate Republicans.
After a violent mob took over the U.S. Capitol in early January, dozens of companies pledged to halt or rethink political donations. But the change may not stick around for future election cycles, observers say.