As anticipated, Governor Dayton has vetoed the tax bill (H.F. 2337). In his veto letter, the Governor cites his concerns that the bill reduces the current budget reserves and increases next biennium’s deficit. He also noted the bill did not provide enough property tax relief for homeowners, renters, and farmers affected by last year’s elimination of the Market Value Homestead Credit and cuts to Local Government Aid. Click here to read the Governor’s veto message in its entirety.
The Governor has expressed a willingness to pass another negotiated tax bill before the legislative session adjourns.
Please continue to contact your legislators and ask them to pass a tax bill that the Governor will sign into law.