Minnesota Republicans looking to make PPP loans exempt from state taxes
Congress made PPP loans exempt from federal taxes late last year.
Walz eyes COVID-19 relief package totaling $300-$600 million amid budget surplus
The state forecasted a budget surplus for the remainder of the biennium.
Minnesota's budget forecast improves, shows $641M surplus for 2020-21
"Higher general fund revenues and lower expected spending result in a projected surplus," MMB said.