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Committee advances constitutional amendment proposal to return large surpluses to taxpayers; roll call 14–11
Summary
House File 4, a proposed constitutional amendment to require returning a portion of large state surpluses to certain taxpayers, cleared the Ways and Means Committee after adoption of a DE amendment and a 14–11 roll-call vote to place the bill on the general register.
The House Ways and Means Committee voted 14–11 to advance House File 4, a proposal to amend the state constitution to require that a portion of any large unrestricted general fund surplus be returned to specified taxpayers.
Representative Johnson, sponsor of the proposal, described the bill as “a simple fiscally conservative bill” that would return a portion of any large surplus to the taxpayers who “are responsible for funding that surplus.” The DE amendment debated in committee specifies the use of the November forecast to trigger the calculation and sets a 5% revenue surplus window intended to allow the legislature to retain a portion to guard against future shortfalls.
Opponents argued the proposal would exclude many Minnesotans who do not pay income tax or direct property…
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