MOORHEAD, Minn. (KVRR) — Minnesota cannabis retailers will soon charge a ten percent cannabis tax. It begins July 1st and currently only edible cannabinoid products and nonintoxicating topical products are legal to sell. The state sales tax at just under seven percent and any local sales taxes will also apply to cannabis. Vendors are letting people know about the tax…
Abortion. Gun control. Marijuana. Taxes. Education. A budget surplus. The Minnesota legislature tackled all that and more in a busy session. The legislative session wrapped up this week, and local lawmakers from both sides of the aisle are telling us how they think the big changes will impact people in our region. DFL State Senator Rob Kupec of Moorhead says…
ST. PAUL (KVRR) — Tough economy? It doesn’t appear to be the case in Minnesota as the state now projects a surplus of $17.6 billion dollars through 2025. A large chunk of that surplus is due to the legislature’s failure to act on an $8 billion tax cut before the midterm election. Republicans wanted to wait it out until the…
BISMARCK, N.D. (KVRR) — Gov. Doug Burgum introducing a legislative plan to provide the largest state income tax relief package in North Dakota history. It would replace the individual income tax rates with a single, lower flat tax. That is estimated to save North Dakota taxpayers $250 million annually. “This will allow North Dakotans, hard-working North Dakotans, to keep their…
WASHINGTON (AP/KVRR) – The estimated $740 billion economic package from Democrats is nowhere near what President Joe Biden first envisioned with his effort to rebuild America’s public infrastructure and family support systems. The Senate has approved the slimmer but still substantial compromise package 51-50 with Vice President Kamala Harris casting the tie-breaking vote. It heads next to the House. It’s…
WASHINGTON (KVRR) – Due to severe weather, North Dakota’s congressional delegation is asking the IRS to extend the income tax filing deadline for state residents. Sens. Kevin Cramer, John Hoeven and Rep. Kelly Armstrong sent the request to IRS Commissioner Charles Rettig. The delegation wants the IRS to extend the federal income tax filing deadline and waive penalties for late…
HORACE, N.D. — An upset for two men targeted in a recall election in Horace. David Fenelon and Bryan Schmidt have both been voted off of the City Council according to a release by the city. Unofficial results show the winners as Naomi Burkland and Jeffrey Trudeau. They will be sworn in on Monday and serve the remainder of the…
BISMARCK, N.D. (KVRR/KCND) – A North Dakota House committee is considering two bills that would raise tobacco taxes. One would raise the tax on a pack of cigarettes by $1.00, bringing the tax to $1.44. The other bill would raise taxes on other tobacco products. Tim Blasl, president of the North Dakota Hospital Association, told the House Finance and Taxation…
BISMARCK, N.D. (KVRR/KCND) – A Fargo lawmaker has introduced a bill designed to help smaller retailers survive the effects of the COVID-19 pandemic. Democratic Rep. Pamela Anderson’s bill would allow retailers with 16 or fewer fulltime employees to keep the state sales tax they collect for 2021. The bill only applies to the 5% state-imposed sales tax, and does not…
FARGO, N.D. — The city of Fargo has released its newest budget proposal for 2021. The budget includes increasing staff, including the public works department and adding a community outreach coordinator. It also asks the city for a new fire truck, to replace old police vehicles and purchase new construction equipment to combat potholes and snow removal. The proposal would…
