Miller gets hearings on local tax relief bills

Senator Jeremy Miller (R-Winona) is helping lead the effort on several tax relief proposals that will significantly benefit local citizens and communities, including tax relief for students, senior citizens, farmers, and small businesses as well as local aid for cities and counties. Sen. Miller recently had hearings on three of these bills in the Senate Tax Committee.
Senate File 941 allows an income tax credit of up to $1,000 for people paying more than ten percent of their income to student loans.
“We’re always looking for ways to make higher education more affordable,” said Sen. Miller. “But we should also work to help the folks who have already been through college and are struggling to pay back their student loans. This bill provides much-needed relief for thousands of Minnesotans.”
Senate File 538 instructs the Minnesota Department of Revenue to work with the Wisconsin Revenue Department to look at entering into a new income tax reciprocity agreement.
“Income tax reciprocity is a big issue for our district and other border communities throughout the state. There are thousands of people who live in Minnesota, but work in Wisconsin,” added Sen. Miller. “We’ve been working on this issue for several years and I hope this is the year the two states can finally come to a new agreement, which would help thousands of Minnesota families.”
Senate File 479 adjusts the County Program Aid (CPA) formula and provides more aid to help counties provide important services and lower property taxes.
“This legislation will help bring consistency to the budgeting process for counties while allowing them to continue to provide the services people count on,” said Sen. Miller.
These bills were all heard in the Senate Tax Committee and laid over, meaning the committee will consider including them in this year’s tax bill.
“As a member of the Tax Committee, I will work closely with my colleagues on both sides of the aisle to build this year’s tax bill,” concluded Sen. Miller. “I’m optimistic and hopeful that we will have a bill that provides much needed and meaningful relief to Minnesotans.”