Reinsurance Extension Becomes Law!
3 min read
Legislative Update For the Week of March 21st
NAIFA-MN State Government Affairs Chair Corey Anderson testifying next to Senator Julia Coleman, author of NAIFA-supported legislation, before the Senate Commerce and Consumer Protection Committee.
Topics: Advocacy State Advocacy
4 min read
Legislative Update For the Week of March 14th
Quote of the Week
“It was a pile of bull crap on top of a pile of bull crap!” An angry House Speaker Melissa Hortman responding to Senate Majority Leader Jeremy Miller’s proposal on front-line worker payments.
Topics: Advocacy State Advocacy
5 min read
Legislative Update For the Week of March 7th
Quote of the Week: “The insurance model just doesn’t work for health care!” Rep. Tina Liebling, Chair, Health Finance, and Policy Committee
Topics: Advocacy State Advocacy
5 min read
Legislative Update For the Week of February 28th
Quote of the Week: “If the author of the bill will yield for another question, maybe this one will be a little more painful!" Legislator grilling a freshman on his bill on the House floor.
Topics: Advocacy State Advocacy
5 min read
Legislative Update For the Week of February 21st
Quote of the Week: “Do I need to unmute myself?” Senator speaking into a microphone at a Senate hearing while also watching on a laptop.
Topics: Advocacy State Advocacy
3 min read
Legislative Update For the Week of February 14th
Redistricting Unveiled
Topics: Advocacy State Advocacy
2 min read
Legislative Update For the Week of February 7th
Big Picture Issues
Economy Continues to Boom
Minnesota’s economy continues to roar ahead after the 2020-2021 COVID slowdown. Minnesota’s unemployment rate fell to 3.1% in January, well below the 3.8% national average. Minnesota Management and Budget announced on Thursday that tax collections in January were 25% greater than projected. Corporate tax revenues were $642 million more than forecast . Since July 1, the start of the State’s fiscal year, tax revenues are $1.5 billion higher than projected. The State already has a projected $7.7 billion surplus based on the November budget forecast. A new budget forecast will be released in the next month that will guide spending and tax decision-making for the remainder of the session.
Topics: Advocacy State Advocacy
1 min read
Legislative Update For the Week of January 31st
Quote of the Week:
"The crisis has reached crisis levels!" Department of Human Services testifying on workforce shortages in the health care sector.
Topics: Advocacy State Advocacy
Prudent Planners Use the Three M's for Retirement Portfolio Success
2020 marked the half-way point of the Baby-Boomer generation’s retirement process. The early Boomers began pulling out of the workforce in 2010, and the later ones will continue to begin their retirements for the next 10 to 15 years. The generation before the Boomers, known alternately as Traditionalists, Matures, and “The Greatest,” are at the end of their lives on this planet.
