May 1st, 2013

With Mayo millions aboard, Senate passes tax bill

By Logan Lafferty

The Minnesota Senate passed a tax bill late Monday that raises $1.8 billion in new revenue, expands the state's sales tax and gives $455 million to the Mayo Clinic. But the passage didn't come as easy as DFL leaders had expected. Minnesota Public Radio reports that the bill was initially defeated, 32-34, after which the DFLers hauled everybody in the back room for a bit. When they came out, two of them had changed their votes and it passed.

Additional coverage: The Bond Buyer, Businessweek, Toronto Telegraph, Austin Daily Herald, Star Tribune

 

Minneapolis / St. Paul Business Journal by Mark Reilly

Tags: Finanical, Government Relations, Mayo Clinic Rochester, Minneapolis/St. Paul Business Journal, Minnesota Legislature, Minnesota Public Radio, Minnesota Senate, state sales tax, tax bill

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