Sen. Mike Goggin | Facebook
Sen. Mike Goggin | Facebook
State Senate Republicans passed a bill that involves tax, bonding and budget provisions, shelling out $1.36 billion for projects, according to a Minnesota Senate Republican Caucus news release.
The bill conforms with Section 179 of the federal tax code, which provides relief for farmers and small businesses, according to the news release.
“Southeast Minnesota came away in really good shape in the Senate’s bonding bill,” Sen. Mike Goggin (R-Red Wing) said in the news release. “Competition is fierce — there are a lot of projects around the state worthy of funding. I lobbied hard for these projects, and I am glad everyone recognizes their value. In addition, getting full Section 179 conformity is a massive victory for farmers and small business owners across the state.”
Public safety is key in the supplemental budget portion of the bill, the news release states. The bill also provides $300.3 million for trunk highway bonds.
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