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Post details: Minnesota --Multiple Taxes: Governor Proposes Economic Development Tax Credit
09/27/07
Minnesota --Multiple Taxes: Governor Proposes Economic Development Tax Credit
CCH (cch.taxgroup.com) reports:
Minnesota Governor Tim Pawlenty has proposed Strategic Entrepreneurial Economic Development (SEED), a new initiative designed to stimulate rural economic development. The new program would include a 25% tax credit for investment in regional funds that support emerging businesses and new technologies, as well extensions of the local and state tax exemptions created under JOBZ.
Full text of the Governor's press release may be found at http://www.governor.state.mn.us/mediacenter/pressreleases/PROD008317.html.
Press Release , Governor's Office, September 25, 2007.
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