Mark Dayton on The Economy

Last Updated : Sep 10, 2010

Summary

Senator Dayton has proposed a ten point plan to address the economic problems in the state in the short term and the long term.

  1. Pass a 2011 "Jobs Now" Bonding Bill
  2. Green Jobs and Energy Savings Fund
  3. Issue Federally Backed Highway Construction Bonds
  4. Create a New State-Local Economic Development Partnership
  5. Increase State Tourism Advertising and Promotion
  6. Grow Minnesota Small Business
  7. Invest in Women, Minority, and Veteran Owned Business
  8. High Speed Internet Access and Cell Phone Coverage Border to Border
  9. Streamline Business Regulation and Eliminate Redundant Paperwork
  10. Excellence in Education 

 

Campaign Website Statements

 

Voting Record

Bankruptcy Reform

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 completely redefined bankruptcy in the United States. The bill made it much more '); echo('for people to walk away from unsecured debt, such as credit cards, and permitted the court to award some compensation to creditors in the event that a bankruptcy was awarded. The bill got bipartisan support and passed 74-25. Mark Dayton voted against the Bankruptcy Reform bill.

Mark Dayton voted against the Bankruptcy Reform bill.

American Jobs Creation Act

The American Jobs Creation Act was a Republican plan that was signed into law in the summer of 2004. The legislation ending some taxes in the agriculture industry, reduced corporate tax rates from 35% to 32%, reduced taxation on overseas income, and provisions to help companies invest in equipment. It passed the Senate 69-17.

Sarbanes-Oxley

In response to Enron and other accounting scandals, Congress passed a bill which imposed a number of book-keeping and accounting regulations on several industries. The Sarbanes-Oxley Act of 2002. The bill received almost unanimous support in the Senate and passed in a 99-1 vote. Mark Dayton voted in favor of Sarbanes-Oxley.

Mark Dayton voted in favor of Sarbanes-Oxley.

 

Sponsored and Cosponsored Legislation

This representative has not been identified as sponsoring or cosponsoring significant legislation related to this title.

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