Key Votes
HF 2337 - Repeals Business Property Taxes - Key Vote
Minnesota Key Votes
Stages
- May 4, 2012 Executive Vetoed
- May 3, 2012 Senate Conference Report Adopted
- May 1, 2012 House Conference Report Adopted
- April 2, 2012 House Concurrence Vote Failed
- March 30, 2012 Senate Bill Passed
- March 21, 2012 House Bill Passed
- Feb. 16, 2012 Introduced
Family
Issues
Stage Details
Legislation - Vetoed (Executive) - May 4, 2012
Legislation - Conference Report Adopted (Senate) (41-25) - May 3, 2012 (Key vote)
Title: Repeals Business Property Taxes
Project Vote Smart staff and volunteers are working hard to produce a clear and accurate summary of the contents of the bill. At this time, we have posted the voting record for HF 2337 so you can see how the office holder representing you has voted on this piece of legislation. We will have a detailed summary available as soon as possible.
For further status information, call the Voter's Research Hotline at 1-888-VOTE-SMART (1-888-868-3762).
Legislation - Conference Report Adopted (House) (73-57) - May 1, 2012 (Key vote)
Title: Repeals Business Property Taxes
Project Vote Smart staff and volunteers are working hard to produce a clear and accurate summary of the contents of the bill. At this time, we have posted the voting record for HF 2337 so you can see how the office holder representing you has voted on this piece of legislation. We will have a detailed summary available as soon as possible.
For further status information, call the Voter's Research Hotline at 1-888-VOTE-SMART (1-888-868-3762).
Legislation - Concurrence Vote Failed (House) - April 2, 2012
Vote to pass a bill that modifies the Minnesota tax code.
Legislation - Bill Passed (Senate) (34-26) - March 30, 2012
Title: Repeals Business Property Taxes
Vote to pass a bill that modifies the Minnesota tax code.
Legislation - Bill Passed (House) (72-62) - March 21, 2012 (Key vote)
Title: Repeals Business Property Taxes
Vote to pass a bill that modifies the Minnesota tax code.
- Modifies the state property tax for commercial-industrial and seasonal-recreation properties in the following way (Art. 1, Sec. 2):
- The base state general levy will remain at 2012 levels for 2013;
- Beginning with taxes payable in 2014, the levy will be reduced by 8.33% per year until 2024; and
- From 2025 onwards the levy will be $0.
- Amends the current definition of “rent constituting property taxes”, which is the amount of rent that serves as the basis for claiming a property tax refund, from being 17% to 15% of the gross rent paid or an amount paid in lieu of property taxes (Art. 1, Sec. 7).
- Amends the qualifications for senior or disabled claimants for renter property tax refunds so that the maximum qualifying income will decrease from $41,820 to $40,000 (Art. 1, Sec. 9).
- Amends the qualifications for non-senior, non-disabled claimants for renters property tax refunds so that the maximum qualifying income will be $25,000 (Art. 1, Sec. 10).
- Increases the annual limit on tax credits given to qualified investors who have invested in qualified small businesses from $12 million to $17 million, effective from 2012 to 2014 (Art. 2, Sec. 3).
- Establishes a state income tax credit for the employment of veterans wherein the state credit equals 150% of the federal work opportunity credit specified in Sec. 51 of the IRS Code (Art. 2, Sec. 11).
- Exempts sales of lodging, beverages, food, and alcohol between an established religious order and an institution of higher learning affiliated with that religious order from sales tax (Art. 3, Sec. 5).
- Establishes a funding program to provide grants for qualified employers who provide academic internships to eligible students in non-metropolitan areas of Minnesota the total amount of which shall not exceed $1.25 million per fiscal year. (Art. 5, Sec.1).
- Establishes a tax reform commission in the legislative branch to study the tax revenue system and provide recommendations to the legislature (Art. 5, Sec. 11).
- Establishes a task force designed to identify issues and make recommendations to the legislature on the design and content of truth in taxation statements (Art. 1, Sec. 29).
Legislation - Introduced (House) - Feb. 16, 2012
Title: Repeals Business Property Taxes
Sponsors
- Gregory M. Davids (MN - R) (Out Of Office)
