Babaamaajimowinan (Telling of news in different places)

Minnesota Legislature approves nearly $30M to cover tax refunds due Enbridge

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.

https://www.startribune.com/minnesota-legislature-approves-nearly-30m-to-cover-tax-refunds-due-enbridge/600074050/

 

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