HF 18 is a general obligation bonding bill that authorizes the state to issue government bonds for capital projects. It does not specify particular projects but provides funding authority for infrastructure or public facilities. The bill is currently in committee, having been referred to Ways and Means after a committee report on February 13, 2025. Multiple legislators have been added as authors, including McDonald, Rymer, Koznick, Schwartz, Altendorf, Gillman, and Sexton. As a procedural bonding bill, it focuses on funding mechanisms rather than direct policy changes affecting specific groups.
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.
