Minnesota Legislature approves nearly $30M to cover tax refunds due Enbridge
July 2, 2021
Minnesota counties on the hook for huge tax refunds to Enbridge - through no fault of their own - will be bailed out by the state to tune of nearly $30 million.
The payments are authorized by the tax bill passed by the Legislature early Thursday. Also, another $16 million to $18 million due to Enbridge will be refunded as a part of a tax settlement the company made with the Minnesota Department of Revenue.
That refund will essentially be paid through a credit to Enbridge's property taxes due in the future.