Annual Meeting

MCFE 88th Annual Meeting of Members
Wednesday, October 8, 2014
St. Paul River Centre, St. Paul, MN

Business Session 8:00 am – 9:15 am         Policy Session (open to everyone)  9:30 am – 1:30 pm 

Event Description

Our 88th Annual Meeting of Members combines a unique opportunity to connect with colleagues and peers, learn more about the ongoing work and activities of the MCFE, and engage on timely tax and fiscal policy topics of importance to Minnesota’s economy. 

This year, our focus is on Minnesota tax competitiveness.  What influences state competitiveness the most: the design of the tax system, the level of tax burden, or how tax revenues are used?   Is individual income taxation an important tax competitiveness issue?   In the era of single sales apportionment, does the state corporate income tax still have competitiveness implications?   What should Minnesota be pursuing with respect to tax policy to improve its competitive standing among the states?  An all-star line-up of national and state experts will discuss and debate these and other issues moderated by Ward Einess, MCFE board member and former revenue commissioner.

Our luncheon speaker is Richard Davis, Chairman, President, and Chief Executive Officer of U.S. Bancorp.   Mr. Davis' leadership and prudent approach to financial management has garnered national and international praise for U.S. Bancorp -- one of Minnesota's most distinguished headquartered companies.   His commitment to a prosperous and healthy Minnesota is also evident in his extensive civic and philanthropic endeavors.   Based on his experience and leadership roles in so many dimensions of the Minnesota economy, Richard Davis offers a truly unique perspective on the competitive issues we face and the opportunities before us.

As always, our Policy Session commences with our annual Commissioner’s Update from the Department of Revenue highlighting departmental initiatives and developments and topics likely to be raised in the coming legislative session.

The Policy Session is open to both members and non members, so please consider hosting a friend or colleague and introducing them to the MCFE.

Don’t miss your opportunity. REGISTER TODAY! Questions? Call our office at 651-224-7477.


8:15 am – 9:15 am                  MCFE Business Session

Review of 2014 activities (slideshow presentation), committee reports, and election of board members

9:30 am – 1:30 pm                  MCFE Policy Session

(Individuals who are not members of the MCFE are welcome to join us for the policy session. CLE and CPE credits will be applied for.)

9:30 am – 10:00 am                Commissioner’s Update
                                                  Myron Frans, Commissioner, Minnesota Department of Revenue (slideshow presentation)

10:00 am – 11:30 am              What Makes a State Tax System Competitive?

An in-depth look at the issues and relationships surrounding tax types, structures,  features,  levels, and today's economic development realities

Moderator: Ward Einess
MCFE Board Member, former Commissioner of Revenue

Representative Ann Lenczewski, Chair, House Tax Committee
Douglas Lindholm, President and Executive Director, Council on State Taxation
Joseph Henchman, Vice President, Tax Foundation
Dale Craymer, President, Texas Taxpayers and Research Association
Edward Lotterman, Economist and Writer

11:45 am – 1:30pm                 Annual Meeting Luncheon

Luncheon Speaker: Richard Davis
Chairman, President, and Chief Executive Officer, US Bancorp