Governor Pawlenty has scheduled a bill signing ceremony today for a so-called “jobs bill” that is aimed at spurring economic development in Minnesota. The proposal includes a measure that gives tax breaks to people who invest in promising business ideas, for research and development and a measure aimed at keeping the Ford Plant in St. Paul. It would also allow for the expansion of the Mall of America, historic building renovation and other projects.
Pawlenty’s office says he governor will be joined by bill co-author DFL Rep. Ann Lenczewski, St. Paul City Councilmember Pat Harris, Local UAW President Ronda Danielson, David Minkkinen of the Minnesota High Tech Association, Minnesota Building and Construction Trades Council President Harry Melander, venture capital investors, and others.
The proposal will be paid for by the elimination of a $30 million program originally designed to help poor Minnesotans afford gasoline tax increases.