Last week, it was announced that Minnesota has a positive economic forecast which indicated an $825 million surplus for the coming fiscal year.
“This surplus should provide the opportunity for corrections to be made to the sales tax on labor charges on repair of farm machinery passed during the 2013 state legislative session,” said Minnesota Farm Bureau Federation (MFBF) President Kevin Paap.
In a letter sent December 9 to Governor Mark Dayton and leaders of the Minnesota Legislature, Paap stated the need for a commitment as well as a legislative path for repeal of the tax on labor charges for repair of farm equipment and the tax on rental and warehousing services.
“The expected surplus offers an opportunity to correct the tax issues, which came out at the end of the last session,” said Paap. “We look forward to working with the Governor and elected officials on both sides of the aisle to address them as soon as possible.”
Minnesota Farm Bureau representing Farmers • Families • Food is comprised of 78 local Farm Bureaus across Minnesota. Members make their views known to political leaders, state government officials, special interest groups and the general public. Programs for young farmers and ranchers develop leadership skills and improve farm management. Promotion and Education Committee members work with programs such as Ag in the Classroom and safety education for children. Join Farm Bureau today and support our efforts to serve as an advocate for rural Minnesota, www.fbmn.org.