Act Now: Urge Legislators to Stop the Minnesota Insurance Coverage Tax

Greetings! This week I’m highlighting two major upcoming events, focused on the economy – and one important legislative call to action.

First, mark your calendars! ​

On Friday, May 9, National Small Business Day, we are hosting our second annual Small Business Summit and Expo, presented by Wells Fargo. With over 60 vendors and 250 attendees already registered, this event brings together members from Grand Avenue Business Association, Oakdale Area Chamber of Commerce, the MN Black Chamber of Commerce and your very own St. Paul Area Chamber. Over lunch, the Small Business Administration will announce award winners, and we’ll hear inspiring stories from featured small business owners. Don’t miss this chance to learn, connect, and grow your network!  ​

Then on May 14, join us for Lunch with Leaders: The State of the Economy, also presented by Wells Fargo. Ryan Nunn of the Federal Reserve will help us unpack the economic uncertainty of the moment – and its effect on jobs, prices, and inflation.
 

Finally, a call to action:
A tax proposal from the Governor’s office and Department of Commerce will mean higher costs for the safety-net insurance products Minnesotans count on—like dental, vision, short- and long-term disability, and private paid family leave coverage.
 
This tax will more than double the tax rate on these products, raising premiums and making it more costly for employers to offer competitive benefits. It’s not just bad for working Minnesotans—it also threatens businesses’ ability to recruit and retain top-tier talent in an increasingly competitive job market.
 
WHAT YOU CAN DO: Act now to protect access to these benefits. Use ProtectOurCoverage.com to tell your legislators to vote NO on the Minnesota Insurance Coverage Tax.

See you in the trenches,
B

Chamber Check-in 5/06/25