A whole host of new laws are set to take effect in Minnesota on July 1, coinciding with the start of the new fiscal year. But, before we get to that, I want to wish you a happy and safe Independence Day holiday weekend. I look forward to parades in Longville, Walker and Bemidji over the next few days and hope you are able to get out to local celebrations as well.
And, as always, please do your part to support our local businesses during this important season for them.
As for legislative news, a whole host of new laws are set to take effect in Minnesota on July 1, coinciding with the start of the new fiscal year. The 2023 legislative session ended in late May with the DFL trifecta putting into law nearly $10 billion in tax increases.
Of that total, Minnesotans are set to face $3.8 billion in transportation tax hikes alone. Some of these tax increases are set to take effect as of July 1. Here are some of the new transportation-related expenses to note:
Click here for more details on all the laws that take effect July 1.
Until next time, hope you are having a good summer and please let me know how I can help.