Innovation has built Minnesota’s economy, and it depends on economic and regulatory certainty. Given international and national trends, innovation and certainty are more critical to grow Minnesota’s economy now than ever before.

That’s why in the final days of the legislative session, a broad range of business, labor and other economic champions of Minnesota are sounding the alarm. The state is risking significant future investment by not agreeing to and passing a tax bill that recognizes two emerging industries: sustainable aviation fuel (SAF) and data centers.

A report released last week from the Minnesota Chamber Foundation shows the importance of broad investment in future economic development. Two $5 billion megaprojects were announced for Minnesota in 2024, accounting for over 80%

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