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ECONOMIC DEVELOPMENT UPDATE • DTED D3;„�,`'i> EDAM Minnesota Department of Trade 'hj."Y epartnn3'�.. Economic Development 41) and Economic Development • """ Association of Minnesota Contact; Gene Goddard 612-297-1168 May 20,1994 Contact: John Moon 612-854-6215 1-800-654-3858 Vol. 1,No. 14 SPECIAL EDITION: 1994 LEGISLATIVE SESSION SUMMARY The Legislature passed a total tax and proposal submitted by the Governor. The can't. The hope of the legislation is that spending plan of $877.6 million. The House leadership refused to hear the bill, both sides will come back to the table Department of Finance estimates that despite 78 firmly committed pro-comp votes to settle the fish wars. spending at that Ievel would create a of house members. $498 million problem in FY 96-97. j4letro Council Reoreanization; Metro The Governor has vetoed$429.3 million Sales Tact gn Replacement Equipment: Council and some subagencies under the in various items,for a spending total of Included a phase down, but not elimination council were merged, allowing the Met $448.3 million for FY 95. of, the sales tax on replacement equipment Council to have direct control over purchases by business. Phase down starts transit, sewer and other minor boards retie Island; NSP can store nuclear 6/30/95 and phases down the 6 percent tax and commissions. The Council will not waste in five casks at Prairie Island. If to 2 percent by June 1999. The bill clarifies be elected. by 12/31/96 EQB determines NSP has the definition of replacement equipment to looked at alternative sites, then EQB include: replacement capital equipment that Nonpoint Source PollutioniDninisine authorizes four additional casks performs the same basic function as the old Eaten Models the success of the contingent on increased use of wind machine, regardless of increased speed, Public Facilities Authority, by allowing power. Eight additional casks will be efficiency or production capability; This the PFA to leverage federal dollars to authorized after NSP meets renewable includes repair and replacement parts, be made available for nonpoint source energy goals by 6/1/99, replacement computer software integral to pollution abatement projects, such as illthe production process, building materials feedlot management, clean water Flneerintt: Legislation created a special used in special purpose buildings and partnership programs, septic tank TIF district over 25 years for the City foundation necessary for capital equipment. upgrades for resorts and homeowners. of St. Cloud as part of an incentive Special tooling equipment tax of 4 percent is It also directs the Department of Health project for an $18 million dollar removed completely. and the PEA to begin establishing a expansion of Fingerhut creating 400 financing scheme for drinking water new jobs. IYlinimum Wage: The Senate and House systems in Minnesota. passed a bill that would have increased the Target Center:Bill provides S750,000/yr minimum hourly wage by 40 cents in Rule Repealer B;lle This bill was the for 3 years from the MN Amateur January 1995 and 35 cents in Janitaiy 1996, result Of Executive Order 92-15, which Sports Commission to the Metropolitan making Minnesota one of the highest required agencies to review rules and Sports Facilities Commission to operate minimum wage states in the nation. DTED regulations pertaining to business and the Target Center. Funds are derived Information,Analysis and Evaluation Office recommend obsolete or onerous rules from the tax on health and sports clubs. produced runs on the REMI economic for repeal. Approximately 144 rules model,demonstrating a loss of 6,060 jobs by were recommended for repeal. It passed Workers Comp; No bill passed,but this the year 2000 if this legislation became law, the Senate and was folded into the remains one of the most contentious with a loss of $100 million in real Administrative Procedures Act Reform issues at the legislature. The disposable income and a total net loss in bill. House and Senate conferees could "Hottinger/Kelso amendment", which Gross State Product of $152 million. The net agree on language and the bill was passed the Senate bill would require Governor vetoed the legislation, citing loss stripped of all provisions, except minor insurance rate regulation, increase the in job and impacts on Minnesota's economy. revisor's changes. The rule repealer maximum weekly compensation language did not pass. amount, replace the supplementary Border Fishing Dlaeute; Returning a volley benefit with 65 percent of the state-wide from Ontario, Minnesota passed a bill to One Stop Permitting;, Legislation 0 average weekly wage and establish a prohibit Minnesota anglers from returning introduced requiring DTED to establish floor for permanent total disability, from Canada with more than one "trophy" a one-stop permitting program. The repeal the two-tiered system and fish. Canada has said that if you stay in a issue is currently being studied by the eliminate lump sum payments. Many of Canadian resort you can bring back fish- if Small Business Assistance Office under the provisions,mirrored the"Wisconsin" you stay in Minnesota, fish in Canada, you the direction of Executive Order 93-9.