The Minnesota Senate today unanimously approved a tax bill that will provide more than $100 million in tax relief for Minnesotans, particularly to people who were hit the hardest by Covid-19 business closures. Senate Republicans approved this tax conformity last year.

Senator Justin Eichorn (R-Grand Rapids) issued the following statement:

“Senate Republicans passed this bill last year, so I am glad we got it done but it is long overdue at this point. Our work is far from over though. Too many people are still feeling the pressure of rising inflation and higher prices, and our state imposes one of the highest tax burdens on its citizens. We must continue to take steps to reduce taxes and ease the financial stress on families. I’m glad we were able to make progress early in the session, but we need to do more.”

Senate Republicans also offered two amendments that were rejected by Senate Democrats:

• The first would have fully eliminated the state’s tax on Social Security benefits
• The second would have provided every Minnesota income taxpayer with an income tax rate cut by eliminating the first-tier income tax bracket