|Senate Republican Caucus Announces Jobs Agenda for 2012 Legislative Session|
(St. Paul) – Republican members of the Senate Jobs and Economic Growth Committee held a news conference today to outline their agenda to encourage job creation and economic growth in Minnesota. Led by Senator Geoff Michel (R-Edina), Chair of the Jobs and Economic Growth Committee, the lawmakers spoke of the urgency to encourage private sector growth to keep Minnesota competitive in a 21st century global economy.
Senate Republicans explained their support to limit new regulations on businesses; to roll back or eliminate excessive regulation; and to grow the economy by giving businesses the tools they need to succeed.
“We found several areas of agreement last session with Gov. Dayton and DFL legislators,” said Sen. Michel. “Our hope is that we can continue to identify, scale back, and eliminate excessive costs, regulations, and other obstacles that burden job creators.”
Republican legislators conducted meetings with business owners, community leaders and local elected officials to gather input and feedback for these and other pro-growth ideas. Specifically, the Republican lawmakers identified the statewide business property tax and the corporate income tax rate as areas for immediate reform and a way to reduce the overall cost of doing business in Minnesota.
“Business leaders across our state tell us that we can help them by getting government out of their way, reducing regulatory and tax burdens, and letting them do what they do best: create jobs,” said Sen. Michel. “We agree that a critical starting point is reducing the tax burden placed on our job creators. Minnesota taxes large and small employers twice on their business property.”
“The previous legislative session provided a good start toward improving the overall business climate for job creators,” said Sen. Michel. “As we continue to meet with business owners throughout Minnesota, it is clear that there is more work to do to promote sensible regulatory and cost reforms to make our state the best place to start and grow a business.”
Other initiatives to promote job and economic growth include creating a Small Business Regulatory Review committee, highlighting the “Sunset Commission” created in the previous session, and creating an executive-level position to oversee expedited environmental permitting.
Members of the Senate Republican Caucus will continue to meet with small and large business owners as they complete a comprehensive jobs and economic growth agenda for the 2012 Legislative Session.