Post by Logan on Jun 12, 2016 22:10:56 GMT -6
Gov. Mark Dayton vetoed a nearly $260 million tax relief package at midnight Monday due to a one-word error in the bill.
The error would have cost the state about $100 million over the next three years.
The $259 million bill provided tax credits for student loan debtors, a state income tax exemption for veterans’ retiree benefits and child care tax credit, among others.
Dayton let the bill expire via a pocket veto at midnight Tuesday and now wants legislators to hold a special session to reassess the bill along with several other items Dayton would like addressed.
“My message to legislators today is, ‘Come back and finish your work,’” Dayton said at a Tuesday morning news conference. “Correct the $101 million error in the tax bill, and restore the tax exemption for the state high school league.”
Read more: www.mndaily.com/news/metro-state/2016/06/07/governor-vetoes-new-tax-bill
The error would have cost the state about $100 million over the next three years.
The $259 million bill provided tax credits for student loan debtors, a state income tax exemption for veterans’ retiree benefits and child care tax credit, among others.
Dayton let the bill expire via a pocket veto at midnight Tuesday and now wants legislators to hold a special session to reassess the bill along with several other items Dayton would like addressed.
“My message to legislators today is, ‘Come back and finish your work,’” Dayton said at a Tuesday morning news conference. “Correct the $101 million error in the tax bill, and restore the tax exemption for the state high school league.”
Read more: www.mndaily.com/news/metro-state/2016/06/07/governor-vetoes-new-tax-bill