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 Glenn Gruenhagen (R-Glencoe) issued the following statement:

“It is a good start, but more work needs to be done. Many Minnesotans are still struggling with high inflation and the cost of living, and on top of that, we face one of the highest tax burdens in the country. We have a massive budget surplus and Families who are feeling intense financial pressure. They need permanent, ongoing tax relief. I’m happy we made progress in session early on, but we can’t stop here.”

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