Minnesota Legislative Update: Biennial Budget Overview
Minnesota legislative leaders and Governor Tim Walz reached a biennial budget agreement on May 17, 2021 (with another month needed for the legislature to work out details and pass budget bills). The budget spends approximately $52 billion over the next two years, an increase of $1.3 billion over the previous budget.
For a breakdown of key items in the new biennial budget — including tax updates and policy changes for police reform — view our legislative update infographic.
The material contained in this communication is informational, general in nature and does not constitute legal advice. The material contained in this communication should not be relied upon or used without consulting a lawyer to consider your specific circumstances. This communication was published on the date specified and may not include any changes in the topics, laws, rules or regulations covered. Receipt of this communication does not establish an attorney-client relationship. In some jurisdictions, this communication may be considered attorney advertising.
Meet the Authors
