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Federal rescue dollars to start flowing to Minnesota this week

Minnesota will get more money than previously expected from a federal COVID-19 rescue package, and that $2.83 billion is certain to factor heavily into a state budget deal. Prior estimates were that Minnesota’s state government would receive about $2.6 billion. On Monday, the U.S. Treasury Department formally issued allocation information and guidance on how it could be spent. The money is on top of what will flow directly to counties, big cities and other government entities around Minnesota. School districts and other federally supported programs are in line for their own buckets of aid. Senior Biden administration officials told reporters on a conference call Monday that the payments will start arriving in state treasuries “in a matter of days.” Half will come in this year and half a year from now.

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Local CPAs agree, filing taxes in 2021 a challenge

Local CPAs agree, filing taxes in 2021 a challenge
mesabitribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mesabitribune.com Daily Mail and Mail on Sunday newspapers.

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Recreational marijuana legislation may be gaining steam in St. Paul

Rep. Pat Garafolo (R-Farmington) ST. PAUL, Minn. – An influential Republican says an amendment he put on a Minnesota House bill to legalize recreational marijuana increases the possibility of it being signed into law this year.  The measure passed the House Taxes Committee Wednesday.  The amendment requires all extra tax revenue from legalized cannabis sales go into a tax relief account.  G-O-P Representative Pat Garofalo of Farmington said, “it’s a really strong movement in a direction that I think conservatives like that we’re not really interested in seeing marijuana legalized for the purposes of growing government and spending more money.” 

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What's at stake as the Minnesota Legislature enters its final week | Pine and Lakes Echo Journal

What s at stake as the Minnesota Legislature enters its final week Tax hikes and the governor s emergency powers are two of several issues on the table as the Legislature enters the final run-up to its May 17 deadline. 1:00 pm, May 7, 2021 × The Minnesota Capitol building with statue of Sen. Knute Nelson. ST. PAUL Wealthy Minnesotans could see their income taxes hiked and working families and businesses could see a tax break. The state s peacetime emergency could come to a close and the governor s executive orders around COVID-19 could come to an end. Schools could see a boost in funding and police could face additional rules around their conduct.

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