Senate Taxes Committee advances early, noncontroversial tax bill (SF132), adopts amendment adding resort-tier change

Senate File 132, described in committee as an "early tax bill" gathering previously considered, noncontroversial provisions, was advanced to the Senate floor by the Minnesota Senate Taxes Committee on March 13, 2025, after the panel adopted amendments including insertion of Senate File 2076 into the A2 amendment.

Senator Matt Putnam presented SF132 as a bill that consolidates items from last year's tax bill that did not persist through conference committee and other technical and substantive provisions negotiated with both parties. Committee counsel and staff walked members through a spreadsheet summarizing fiscal effects. Committee staff reported a net fiscal cost in the packet of about $138,000 for fiscal years 2025–27 and roughly $120,000 for the 2028–29 biennium, with many items…