Top Legislation - View All
Latest Action: 03/11/2008 - Introduction and first reading, referred to Taxes Bill Text
Various tax provisions modified; tax refund, withholding, and subtraction
changes made; tax system and association created; adjustments provided, federal
conforming changes made, and money appropriated.
Latest Action: 03/27/2008 - Authors added Dill and Rukavina Bill Text
Long-term care provider rate adjustments provided, and individual income tax
rates modified.
Latest Action: 03/03/2008 - Introduction and first reading, referred to Taxes Bill Text
Military retirement benefit subtraction allowed.
Latest Action: 03/10/2008 - Author added Lillie Bill Text
General education, special education, and early education programs funding
increased; individual income tax rates modified; revenues deposited in K-12
education account, and money appropriated.
Latest Action: 02/20/2008 - Authors added Wardlow and Shimanski Bill Text
Health insurance expenses income tax credit provided.
Latest Action: 03/11/2008 - Author added Gottwalt Bill Text
Military survivor benefit payment subtraction allowed.
Also tagged in: Appropriations, Boards, Cities and Towns-Specific, Counties-Specific, Economic Development, Employment and Economic Development Department, Federal Government, Local Governments, Mines and Mining, Omnibus, Revenue Department, State Government-Finance, Task Forces, Taxation, Taxation-Property, Taxation-Sales and Use, Telecommunications and Information Technology
Latest Action: 03/10/2008 - Author added Murphy, M. Bill TextRelating to taxation ARTICLE 1 - AIDS TO LOCAL GOVERNMENTS Increasing the city aid base for the city of Mahnomen; modifying the city aid formula; modifying city aid distribution calculations; modifying Mahnomen county, city and school district property tax reimbursements, tax base adjustments and tax base adjustments for calculation of school district aids and levies; requiring the commissioner of revenue to compute the adjusted net tax capacity and referendum market value for tax base adjustments for the calculation of school district and county, city and town aids and levies for utility property ARTICLE 2 - PROPERTY TAXES Allowing towns incorporating into cities to continue to receive payment in lieu of tax allocations for public hunting areas; requiring the assessment/sales ratio study to take into account the changes in the use of the property; exempting modular homes used [...] show full description
Latest Action: 04/28/2008 - Motion to return bill to author, motion prevailed Bill TextHF 3200 FIRST ENGROSSMENT Internal Revenue Code conforming changes made, tuition and teacher expense additions provided, contractor withholdings required, income tax brackets index temporarily modified, nonresident income assigned to this state, and report required. Section 1: Internal Revenue Code definition modified and effective date provided. Section 2: Returns by persons, corporations, cooperatives, government entities, or school district payment provision added and effective date provided. Section 3: Net income language modified and effective date provided. Section 4: Additions to federal taxable income language added. Section 5: Internal Revenue Code language modified and effective date provided. Section 6: Schedules of rates for individuals, estates, and trusts language modified, and effective date provided. Section 7: Income not [...] show full description
Latest Action: 03/11/2008 - Committee report, to pass as amended and re-refer to Taxes Bill Text
HF 3143
FIRST ENGROSSMENT
Individual income and corporate franchise credit allowed for investment in
Minnesota high technology businesses.
Section 1: Investment tax credit language provided.
JAJ 3/12/08
Latest Action: 02/25/2008 - Author added Slocum Bill Text
Income or franchise tax credit provided for installation of solar thermal
equipment, and money appropriated.
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Latest Legislation - View All
Latest Action: 05/18/2008 - Introduction and first reading Bill Text
Relating to taxation; providing a rate reduction for individual income tax to
offset state transportation tax increases
(ra)
Latest Action: 03/27/2007 - Introduction and first reading Bill Text
Providing an income tax subtraction for capital gains
(rt)
Latest Action: 04/23/2008 - Introduction and first reading Bill Text
Relating to civil actions; moving mortgage redemption sales to the end of the
current redemption period, defining postnotice reinstatement period and service
of the notice of a foreclosure sale upon the occupants; eliminating mortgagee
redemption rights; requiring surplus to be paid to junior lienors in order of
priority; authorizing the federal government to exercise the right to redeem
after foreclosure sales under the condition of a federal tax lien and requiring
certificate of sale redemption period reference; repealing certain provisions
relating to redemption
(rt)
Latest Action: 02/18/2008 - Introduction and first reading Bill TextProviding an income tax credit for costs incurred for the rehabilitation of certain certified historic structures located in the Fergus Falls historical zone; providing for a carryback and carryforward of tax liability; requiring pass through of credits granted to partnerships or limited liability companies (LLC) taxed as partnerships or multiple owners of property to the partners, members or owners, authorizing transfer, sale or assignment of the credits and use to offset income taxes imposed; requiring taxpayer application to the state historic preservation office of the Minnesota historical society before beginning the project, requiring the office to determine the amount of eligible rehabilitation costs, eligibility certificate issuance requirement and fee charging authority; authorizing the taxpayers to elect in lieu of the credit to receive a historic rehabilitation mortgage credit certificate, specifying terms [...] show full description
Latest Action: 03/12/2007 - Introduction and first reading Bill Text
Relating to human services; providing a medical assistance (MA) rate increase
for nursing facilities, intermediate care facilities for persons with mental
retardation or related conditions (ICF/MR) and certain home and community based
waivered services providers; modifying the income tax rate schedule; providing
for inflation adjustment of the brackets; creating the long term care payment
rate account; appropriating money to commissioner of human services from the
long term care payment rate account to fund long term care provider rate
increases
(je)
Latest Action: 03/14/2007 - Introduction and first reading Bill Text
Relating to taxation; conforming to various federal tax changes for individual
income, corporate franchise, estate tax and property tax refunds
(rt)
Latest Action: 01/22/2007 - Authors added Wiger; Sparks; Sieben; Senjem Bill Text
Providing an income tax subtraction for certain military pension or retirement
income
(je)
Latest Action: 03/25/2008 - Introduction and first reading Bill Text
Establishing a lifelong learning account program in the department of labor and
industry, specifying commissioner responsibilities and authorizing rulemaking;
allowing lifelong learning accounts income and franchise tax credits to
employees and employers for contributions to lifelong learning accounts,
specifying limits, imposing a special tax on nonqualified withdrawals
(rt)
Latest Action: 05/21/2007 - Introduction and first reading Bill Text
Repealing the sales tax exemption on clothing, allowing taxpayers a refundable
income tax credit against the sales tax on clothing, specifying amounts of
credit for certain filers, providing certain limitations based on income,
appropriating money; decreasing the sales tax rate; reducing local option sales
taxes
(me)
Latest Action: 03/25/2008 - Comm rpt: To pass as amend & re-ref to Taxes Bill Text
1E Relating to taxation; limiting the jurisdiction for persons investing in a
qualified high technology business under certain conditions for income tax
purposes
(ra)
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