Governor Mark Dayton meets with the media Friday, May 4th, to announce that he has vetoed the omnibus tax bill. Following, GOP leaders respond. Approved by the House and Senate, the bill would have provided a variety of business tax incentives, including holding firm the statewide business property tax. The measure, HF 2337, sponsored by Senate Tax Chair Julianne Ortman, also included tax credits for research and development and tax incentives for investments in developing companies. Furthermore, homeowners facing rising property taxes would have found relief through increased property tax refunds.
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