No Short Sale Help From MN House

People moving for a new job often find they can’t because they owe more on their home than it is worth. A proposal to force banks to act on “short sales” within 30 days was voted down by Republicans in the House.

GOP Chooses Corporations Over Renters

Renters versus corporations is how Minnesota House Democrats described a bill that phases out a state business property tax at the expense of a renters credit. Republicans say the bill will leave more money with businesses which will boost employment. The bill passed on a 72-62 party line vote.