What’s in Minnesota’s 2023 education bill
The Minnesota Legislature during the 2023 session passed a sweeping education bill that boosted public spending for schools by nearly $2.3 billion.
HowieHanson.com Section
The Minnesota Legislature during the 2023 session passed a sweeping education bill that boosted public spending for schools by nearly $2.3 billion.
The tax bill includes a child tax credit and a working family credit, which is aimed at low-income families. The size of each depends on income.
The legislation sets up a system for retail sales and taxation. Prospective growers, processors and retailers will need to apply for a license from the state. Cannabis products will be subject to a special 10% tax in addition to any regular sales tax.
The law (HF2887) includes revenue generated from tab fee increases, a hike in the sales tax on vehicles, an increase in the gas tax and a new delivery fee.
Will Stancil, a scholar of housing and education discrimination at the University of Minnesota Law School, compared it to a state version of the New Deal.