News & Analysis as of

Property Tax Governor Dayton

Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending... more +
Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending on the country or jurisdiction.  However, a popular system involves a government assessment of the value of a property and a rate based on a proportion of the assessed value. A property may be subject to taxation by multiple taxing entities.  less -
Faegre Drinker Biddle & Reath LLP

Minnesota Weekly Legislative Update: Senate Releases Tax Bill in Advance of Final Committee Deadline

This week, the House and Senate committees have been working toward the third committee deadline of March 31, 2017. The third and final deadline requires committees to act favorably on major appropriation bills. Many of...more

Winthrop & Weinstine, P.A.

June Special Session?

Gov. Mark Dayton rejected a $259 million tax cut bill at midnight Tuesday by declining to sign it (pocket veto). The Omnibus Tax Bill would have delivered new credits, exemptions and deductions for farmers, businesses and...more

Faegre Drinker Biddle & Reath LLP

Minnesota Weekly Legislative Update: 04/17/2015

This week, as the Minnesota Legislature worked on finance bills, Governor Mark Dayton took the opportunity to comment on the House and Senate budget proposals. He criticized both plans for being too low in most regards....more

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