SF 1, titled "Omnibus Higher Education policy and appropriations," is a newly introduced bill (first reading January 16, 2025) that bundles multiple policy changes and funding allocations for Minnesota's higher education system. It directly affects public colleges and universities, as well as students, by addressing areas like state funding formulas, program support, and capital infrastructure. The bill's key mechanisms involve combining policy updates (e.g., tuition, academic programs) with budget appropriations for institutions. As an omnibus bill in early stages, specific provisions are not yet detailed in the public record. The referral to the Capital Investment committee suggests it includes funding for physical campus projects.
HF 9 is a comprehensive tax reform bill that modifies multiple tax provisions across Minnesota. It directly affects individuals (through changes to income tax brackets and credits), businesses (including data centers losing electricity tax exemptions), and local governments (by eliminating cannabis aid funding). Key provisions include making the research and development tax credit partially refundable, increasing taxes on cannabis products, and removing the sales tax exemption for electricity at data centers. The bill also adjusts property tax exemptions, modifies corporate franchise taxes, and makes technical changes to various tax statutes.
