Dayton Signs Stadium Bill, Vetoes Tax Bill
The Minnesota Legislative session may have ended, but Governor Mark Dayton is still busy singing and vetoing bills that had passed through both houses before the gavel fell.
The second attempt by Minnesota Republicans to craft a tax-cut bill has met the same fate as the first. Dayton vetoed the tax cut legislation on Monday, saying sponsors of the bill didn’t abide by his requirement that the cuts be paid for in future years and not add to a projected deficit. The Associated Press reports that Dayton also took issue with the mix of tax breaks, saying businesses made out far better than homeowners.
State GOP Chairman Pat Shortidge told the AP that the bill would have helped Minnesota’s economy grow and put people back to work.
In striking the bill down, Dayton had to sacrifice some of his own priorities. The bill contained a tax credit to encourage companies to hire unemployed veterans. It also would have boosted credits meant to spur investment in start-up companies.
While Dayton vetoed that tax cut bill, he did sign the Minnesota Vikings Stadium bill on Monday bringing to an end the decade long saga revolving around the situation. Dayton signed the bill to cheers Monday during a ceremony attended by the Wilf’s, who own the franchise, and several key legislators.
The team hopes to be in its new stadium on the site of the Metrodome in downtown Minneapolis by 2016.