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Tax conformity decisions could shape Minnesota’s competitiveness
3 Apr 2026
News
Last week, we filed a new web article from the Minnesota Chamber of Commerce focused on taxes, outlining three major federal tax provisions that Minnesota lawmakers are now considering whether to adopt at the state level.
Because Minnesota does not automatically conform to federal tax law, the Legislature must act on provisions from the 2025 federal tax package to deliver real relief for businesses here in Minnesota. Otherwise, we risk becoming less competitive as other states move to conform to these federal changes.
There are several key provisions I want to highlight today. The first is Section 179 expensing, which allows businesses to immediately deduct up to $2.5 million in equipment purchases. This improves cash flow and encourages investment here in Minnesota.
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