Committee on Taxes - 02/24/26

Minnesota Senate Taxes Committee · February 24, 2026

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53:36

Call to order and approval of minutes

Call_to_order

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Chair Rest called the meeting to order, noted the minutes were in members' packets and asked for corrections; with none offered, the minutes were approved as presented.

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The Minnesota Senate Taxes Committee received the Office of the State Auditor's 2024 Tax Increment Financing (TIF) annual report, discussed trends in TIF usage and early decertifications, and laid over Senate File 3608 to simplify excess increment reporting for possible inclusion in the omnibus tax bill.

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Transcript

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