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Health & Fitness

Rep. Isaacson Legislative Update: Job Creation, Property Tax Relief and More

This week, the House DFL majority unveiled major legislation to create good jobs and provide homeowners and renters with property tax relief.

This week, the House DFL majority unveiled major legislation to create good jobs and provide homeowners and renters with property tax relief.

Although our economy is doing much better than other states, the House DFL jobs package will help thousands of Minnesotans who are still struggling to find work so they can provide for their families.

The $46 million jobs and economic development package includes:

  • $20 million for the Minnesota Investment Fund (MIF), which helps businesses bring quality jobs to the state by delivering funds to cities who can then offer incentives for businesses to come to their area. It also brings $33 in private investment for every $1 it loans out. 
  • $18 million for a job creation fund administered to the Department of Employment and Economic Development (DEED), which would then use the funding as a tool to help businesses make capital investments and create jobs.
  • Other investments in the jobs package include $1.5 million for the Minnesota Trade office to help create business relationships that strengthen Minnesota’s economic output, $5 million for a ‘Fast Trac’ program that helps train entrepreneurs to have success in starting and growing their own business, and $2 million in onetime funding for the Minnesota Film and TV Board. 


Our jobs package also cuts taxes for Minnesota employers by reducing the rate they pay on unemployment insurance taxes, saving them nearly $350 million in the next couple years, or $150 per employee for the average business.

I’m hopeful that we’ll pass this legislation along with my apprenticeship bill that equips Minnesotans with the skills necessary to secure unfilled manufacturing jobs.

Like our jobs bill, the House DFL property tax relief package is another piece of legislation designed to grow the middle class.

Over the past decade, painful budget cuts caused property taxes to skyrocket by 86 percent. These tax hikes have disproportionately hurt middle class families, so we’ve come up with a plan to give Minnesotans relief and put more money in their pockets to buy things like groceries and other goods from local businesses.

The $250 million House DFL property tax package delivers direct, targeted relief for up to one million Minnesotans. It includes $157 million for the Homestead Credit Refund, $15.5 million for the Renter’s Credit, $60 million for LGA, and $28 million for County Program Aid.

More than 300,000 homeowners (about three-fourths of filers) will see an increase on their property tax refund, with the average homeowners receiving an increase of $212. Over 60,000 renters will get a larger refund as well.

The package’s updated LGA distribution formula is more stable, easier to understand, and more predictable. Under the proposal, the new formula is need-based, meaning it provides the most aid to communities with the greatest need.

At the end of the day, our bill eases the burden on taxpayers, helps maintain quality services that our communities expect and deserve, and will make sure Minnesota remains a place where people want to live, work, and raise a family.

If you have any questions or comments about the jobs and property tax relief packages or any other issues, please contact me by phone at (651) 296-7153, by phone at rep.jason.isaacson@house.mn, or by postal mail at 545 State Office Building, 100 Rev. Dr. Martin Luther King Jr. Blvd., St. Paul, MN 55155.

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