SF 25 Conformity Bill
January 11, 2023
Minnesota tax policy with recent federal tax policy changes passed the Senate unanimously Wednesday, January 11. SF 25, authored by Senator Ann Rest, DFL-New Hope, will allow individual tax filers and businesses to take advantage of federal tax law changes since 2018, including provisions related to the Coronavirus Aid, Relief and Economic Security (CARES) Act, the American Rescue Plan Act (ARPA) and the Inflation Reduction Act (IRA). The bill is expected to provide more than $100 million in tax savings. Signed into law January 13, 2023.
Paul Marquart confirmed as Commissioner for the Department of Revenue
January 19, 2023
The Tax Committee unanimously confirmed Paul Marquart (bottom, third from right) as Commissioner for the Department of Revenue. Governor Walz praised the Tax Committee for their bipartisan approach to a confirmation and particularly thanked the inclusive efforts of Tax Committee Chair, Senator Ann Rest.