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On Thursday, the House and Senate tax chairs joined the Chamber's Fiscal Policy Committee to share their priorities for the 2020 legislative session. Both Rep. Paul Marquart and Sen. Roger Chamberlain expressed a desire to fully conform with Section 179, helping small businesses and farmers throughout the state.
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With the only divided state legislature in the country, Minnesotans are used to disagreements at the Capitol. Fortunately, Minnesota small businesses and farmers saw hope for agreement on a critical issue: aligning Minnesota’s income tax with the federal Section 179 laws to encourage greater business investment in Minnesota.
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During a “lightning round” of questions, the four leaders shared their thoughts on issues ranging from recreational marijuana and sports betting to tax conformity and a bonding bill. Here are their answers:
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