Minutes

Present: Senator Ann H. Rest - Chair, Senator Matt D. Klein - Vice Chair, Senator D. Scott Dibble, Senator Steve Drazkowski, Senator Kari Dziedzic, Senator Jeremy R. Miller, Senator Carla J. Nelson, Senator Aric Putnam, Senator Bill Weber

Absent: Senator Grant Hauschild

Senator Ann H. Rest called the meeting to order at 8:31 a.m.

Call to Order

Quorum Present.
 

Members Absent but Excused: Senator Hauschild
 

Minutes from 2.14.23 were approved as presented.

S.F. 1512: Senator Nelson: New markets tax credit proposal.

Presentation:
SF 1512 (Nelson) – New Market tax credit proposal.
 

Testifiers:
Senator Nelson
Alex Stepanek, Senior Analyst, Advantage Capital
Mary Stoick, Senior Vice President/Director of Tax Credit Lending, Sunrise Banks

SF 1512 was laid over.

S.F. 973: Senator Weber: First-tier valuation limit modification for agricultural homestead properties.

Presentation:
SF 973 (Weber) – First-tier valuation limit modification for agricultural homestead properties.
 

Senator Weber moved the A1 Amendment. The motion prevailed and the A1 Amendment was adopted.

Testifiers:
Senator Weber
Joel Carlson, Representing the Community of Minnesota Resorts
(Zoom) Jim Wherley, Owner, Sunset Bay Resort
Paul Eger, Senior Vice President of Governmental Affairs, Minnesota Association of Realtors
Andrew Duerr, Representing the MN Soybean Growers Association, MN Pork Producers Association
Shawn Smith, Chair of Public Policy Committee, NAIOP
Beth Kadoun, Vice President of Tax and Fiscal Policy, Minnesota Chamber of Commerce

SF 973 was laid over.

S.F. 1444: Senator Rest: Firearm storage units sales and use tax exemption authorization.

Presentation:
SF 1444 (Rest) – Firearm storage unit sales and use tax exemption authorization

Testifier:
Senator Rest

SF 1444 was laid over.

The meeting was adjourned at 10:24 a.m.

Senator Ann H. Rest, Chair	Christie Blood, Legislative Assistant