Minnesota lawmakers convened for the third special session of 2020 last week. Not much work was done on the tax bill, Section 179 conformity or a bonding bill. As long as Governor Walz maintains emergency powers for the COVID-19 pandemic, the Legislature will meet again in September. “We plan to launch a full-scale political attack on the Section 179 issue to see if it can get done,” said State Representative Dan Fabian. “Full implementation of Section 179 conformity costs $230 million. That winds up being lost revenue to the State of Minnesota, but that’s already been calculated into the budget. At minimum, we need to take care of purchases made in 2018 and 2019.”
