Top Legislation - View All
Also tagged in: Airports and Aircraft, Appropriations, Cities and Towns, Cities and Towns-Specific, Counties, Counties-Specific, Economic Development, Federal Government, Liens, Mines and Mining, Omnibus, Revenue Department, State Government-Finance, State Government-Officers, Taxation, Taxation-Franchise, Taxation-Income, Taxation-Mortgage Registry and Deed, Taxation-Property, Taxation-Sales and Use
Latest Action: 05/21/2007 - Joint rule 3.02(a), conference committee discharged, bill laid on table Bill TextHF 2362 SECOND ENGROSSMENT Omnibus tax bill modifying income, property, franchise, sales and use, motor vehicle sales, health care provider, tobacco, insurance, mortgage, gambling, and other tax provisions; and appropriating money. ARTICLE 1: HOMESTEAD CREDIT STATE REFUND HOMEOWNERS AND RENTERS Section 1: Residential homestead market value credit language modified. Section 2: Contents of tax statements language modified. Section 3: Property taxes payable language modified. Section 4: Renters language modified. Section 5: Additional refund language added. Section 6: Homestead credit state refund language provided. Section 7: Table language modified. Section 8: Inflation adjustment language modified. Section 9: Repealer language provided. ARTICLE 2: AIDS TO LOCAL GOVERNMENTS Section 1: City revenue [...] show full description
Latest Action: 03/21/2007 - Introduction and first reading Bill Text
Providing an estate tax exclusion for certain qualified small business and farm
properties
(rt)
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)
Also tagged in: Courts, Death, Forests and Trees, Judges, Legal Proceedings, Natural Resources Department, Popular Names, Taxation, Trusts, Water, Water Resources, and Waterways Latest Action: 03/05/2007 - Introduction and first reading Bill TextRelating to uniform laws ARTICLE 1 - DEFINITIONS AND FIDUCIARY DUTIES Enacting the "Uniform Principal and Income Act (2000)", providing a uniform set of laws governing principal and income; defining certain terms; specifying certain duties of fiduciaries and certain general principles, creating a presumption of fairness and reasonableness under the act; specifying the power of trustees to adjust between principal and income, specifying certain factors to be considered for decision making purposes; prohibiting or restricting certain adjustments ARTICLE 2 - DECEDENT'S ESTATE OR TERMINATING INCOME INTEREST Providing for the determination and distribution of net income to residuaries and beneficiaries after death of the decedent or end of income interest in a trust, specifying certain recordkeeping requirements ARTICLE 3 - APPORTIONMENT AT BEGINNING AND END OF INCOME INTEREST show full description
Also tagged in: Airports and Aircraft, Appropriations-Omnibus Bills, Cities and Towns, Cities and Towns-Specific, Counties, Counties-Specific, Economic Development, Federal Government, Liens, Mines and Mining, Revenue Department, State Government-Finance, State Government-Officers, Taxation, Taxation-Franchise, Taxation-Income, Taxation-Mortgage Registry and Deed, Taxation-Property, Taxation-Sales and Use
Latest Action: 04/27/2007 - HF substituted by motion [HF2362] Bill Text2E Relating to financing and operation of state and local government ARTICLE 1 - INCOME TAX Adding certain fines to federal taxable income; providing an income tax subtraction for the amount of national service education awards received from the national service trust for service in an approved AmeriCorps national service program; providing an income tax credit for investments in qualified new business ventures; prohibiting businesses from deducting criminal or civil fines, penalties or damages; modifying and increasing the income tax credit for military service; establishing the Minnesota home care income tax credit, determining the amount of credit allowed and credit limitations, providing credit to be refundable, requiring certain caregiver training; providing an refundable income tax credit for qualified citizenship expenses; prohibiting businesses from deducting criminal or civil fines, penalties [...] show full description
Also tagged in: Alcoholic Beverages, Associations and Societies, Boards, Commerce Department, Counties, Hospitals and Health Facilities, Insurance, Lands-Tax-forfeited, Metropolitan Area, Nonprofit and Charitable Organizations, Revenue Department, Taxation, Taxation-Cigarettes and Tobacco, Taxation-Gross Earnings, Taxation-Income, Taxation-Property, Taxation-Sales and Use, Telecommunications and Information Technology, Tobacco Products
Latest Action: 05/09/2007 - Committee report: To pass as amended Bill Text1E Relating to taxation ARTICLE 1 - INCOME AND FRANCHISE TAXES Modifying the determination of debt under the revenue recapture act; requiring birth dates to be included in income tax returns; modifying withholding statement requirements by electronic means provisions; clarifying regulated investment companies requirement to file reports with the commissioner of revenue; prescribing penalties for partnership of S corporation filing with an incorrect tax identification number; clarifying penalties for excessive property tax refunds; requiring tax preparers identification numbers; clarifying a work opportunity credit provision; modifying the bovine testing credit; modifying the inflation adjustment for the dependent care credit and working family credit; modifying the inflation adjustment for the alternative minimum tax on preference items; modifying the definition of dependent for property tax refund purposes;[...] show full description
Latest Action: 02/05/2007 - Introduction and first reading Bill Text
Conforming state estate tax with the federal exemption amount
(rt)
Latest Action: 02/05/2007 - Introduction and first reading Bill Text
Modifying income tax rates for individuals, estates and trusts
(me)
Also tagged in: Appropriations, Business, Cities and Towns-Specific, Colleges and Universities, Counties-Specific, Data Practices and Privacy, Disasters, Economic Development, Employment and Economic Development Department, Federal Government, Housing and Housing Finance Agency, Interstate Compacts and Agreements, Local Governments, Mines and Mining, Omnibus, Pollution and Pollution Control Agency, Revenue Department, Taxation, Taxation-Franchise, Taxation-Gasoline and Special Fuels, Taxation-Gross Premium, Taxation-Income, Taxation-Mortgage Registry and Deed, Taxation-Occupation, Production, Taxation-Omnibus, Taxation-Property, Taxation-Sales and Use, Tobacco Products
Latest Action: 05/18/2008 - Conference committee report, delete everything Bill TextHF 3149 FOURTH ENGROSSMENT Omnibus tax bill. ARTICLE 1 -- HOMEOWNER PROPERTY TAX REFUND Section 1: Homeowners language modified. Section 2: Taxpayer assistant services; property tax refund language provided. ARTICLE 2 -- AIDS TO LOCAL GOVERNMENTS Section 1: City revenue need language modified. Section 2: City aid base language modified. Section 3: Small city aid base language provided. Section 4: City jobs base language provided. Section 5: Unmet need language added. Section 6: County transition aid language modified. Section 7: City formula aid language modified. Section 8: City aid distribution language modified. Section 9: Appropriation language modified. Section 10: Utility valuation transition aid language provided. Section 11: State Parks located on Lake Vermillion;[...] show full description
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Latest Legislation - View All
Latest Action: 03/21/2007 - Introduction and first reading Bill Text
Providing an estate tax exclusion for certain qualified small business and farm
properties
(rt)
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: 02/05/2007 - Introduction and first reading Bill Text
Modifying income tax rates for individuals, estates and trusts
(me)
Latest Action: 02/05/2007 - Introduction and first reading Bill Text
Conforming state estate tax with the federal exemption amount
(rt)
Also tagged in: Alcoholic Beverages, Associations and Societies, Boards, Commerce Department, Counties, Hospitals and Health Facilities, Insurance, Lands-Tax-forfeited, Metropolitan Area, Nonprofit and Charitable Organizations, Revenue Department, Taxation, Taxation-Cigarettes and Tobacco, Taxation-Gross Earnings, Taxation-Income, Taxation-Property, Taxation-Sales and Use, Telecommunications and Information Technology, Tobacco Products
Latest Action: 05/09/2007 - Committee report: To pass as amended Bill Text1E Relating to taxation ARTICLE 1 - INCOME AND FRANCHISE TAXES Modifying the determination of debt under the revenue recapture act; requiring birth dates to be included in income tax returns; modifying withholding statement requirements by electronic means provisions; clarifying regulated investment companies requirement to file reports with the commissioner of revenue; prescribing penalties for partnership of S corporation filing with an incorrect tax identification number; clarifying penalties for excessive property tax refunds; requiring tax preparers identification numbers; clarifying a work opportunity credit provision; modifying the bovine testing credit; modifying the inflation adjustment for the dependent care credit and working family credit; modifying the inflation adjustment for the alternative minimum tax on preference items; modifying the definition of dependent for property tax refund purposes;[...] show full description
Also tagged in: Airports and Aircraft, Appropriations-Omnibus Bills, Cities and Towns, Cities and Towns-Specific, Counties, Counties-Specific, Economic Development, Federal Government, Liens, Mines and Mining, Revenue Department, State Government-Finance, State Government-Officers, Taxation, Taxation-Franchise, Taxation-Income, Taxation-Mortgage Registry and Deed, Taxation-Property, Taxation-Sales and Use
Latest Action: 04/27/2007 - HF substituted by motion [HF2362] Bill Text2E Relating to financing and operation of state and local government ARTICLE 1 - INCOME TAX Adding certain fines to federal taxable income; providing an income tax subtraction for the amount of national service education awards received from the national service trust for service in an approved AmeriCorps national service program; providing an income tax credit for investments in qualified new business ventures; prohibiting businesses from deducting criminal or civil fines, penalties or damages; modifying and increasing the income tax credit for military service; establishing the Minnesota home care income tax credit, determining the amount of credit allowed and credit limitations, providing credit to be refundable, requiring certain caregiver training; providing an refundable income tax credit for qualified citizenship expenses; prohibiting businesses from deducting criminal or civil fines, penalties [...] show full description
Also tagged in: Courts, Death, Forests and Trees, Judges, Legal Proceedings, Natural Resources Department, Popular Names, Taxation, Trusts, Water, Water Resources, and Waterways Latest Action: 03/05/2007 - Introduction and first reading Bill TextRelating to uniform laws ARTICLE 1 - DEFINITIONS AND FIDUCIARY DUTIES Enacting the "Uniform Principal and Income Act (2000)", providing a uniform set of laws governing principal and income; defining certain terms; specifying certain duties of fiduciaries and certain general principles, creating a presumption of fairness and reasonableness under the act; specifying the power of trustees to adjust between principal and income, specifying certain factors to be considered for decision making purposes; prohibiting or restricting certain adjustments ARTICLE 2 - DECEDENT'S ESTATE OR TERMINATING INCOME INTEREST Providing for the determination and distribution of net income to residuaries and beneficiaries after death of the decedent or end of income interest in a trust, specifying certain recordkeeping requirements ARTICLE 3 - APPORTIONMENT AT BEGINNING AND END OF INCOME INTEREST show full description
Also tagged in: Airports and Aircraft, Appropriations, Cities and Towns, Cities and Towns-Specific, Counties, Counties-Specific, Economic Development, Federal Government, Liens, Mines and Mining, Omnibus, Revenue Department, State Government-Finance, State Government-Officers, Taxation, Taxation-Franchise, Taxation-Income, Taxation-Mortgage Registry and Deed, Taxation-Property, Taxation-Sales and Use
Latest Action: 05/21/2007 - Joint rule 3.02(a), conference committee discharged, bill laid on table Bill TextHF 2362 SECOND ENGROSSMENT Omnibus tax bill modifying income, property, franchise, sales and use, motor vehicle sales, health care provider, tobacco, insurance, mortgage, gambling, and other tax provisions; and appropriating money. ARTICLE 1: HOMESTEAD CREDIT STATE REFUND HOMEOWNERS AND RENTERS Section 1: Residential homestead market value credit language modified. Section 2: Contents of tax statements language modified. Section 3: Property taxes payable language modified. Section 4: Renters language modified. Section 5: Additional refund language added. Section 6: Homestead credit state refund language provided. Section 7: Table language modified. Section 8: Inflation adjustment language modified. Section 9: Repealer language provided. ARTICLE 2: AIDS TO LOCAL GOVERNMENTS Section 1: City revenue [...] show full description
Also tagged in: Appropriations, Business, Cities and Towns-Specific, Colleges and Universities, Counties-Specific, Data Practices and Privacy, Disasters, Economic Development, Employment and Economic Development Department, Federal Government, Housing and Housing Finance Agency, Interstate Compacts and Agreements, Local Governments, Mines and Mining, Omnibus, Pollution and Pollution Control Agency, Revenue Department, Taxation, Taxation-Franchise, Taxation-Gasoline and Special Fuels, Taxation-Gross Premium, Taxation-Income, Taxation-Mortgage Registry and Deed, Taxation-Occupation, Production, Taxation-Omnibus, Taxation-Property, Taxation-Sales and Use, Tobacco Products
Latest Action: 05/18/2008 - Conference committee report, delete everything Bill TextHF 3149 FOURTH ENGROSSMENT Omnibus tax bill. ARTICLE 1 -- HOMEOWNER PROPERTY TAX REFUND Section 1: Homeowners language modified. Section 2: Taxpayer assistant services; property tax refund language provided. ARTICLE 2 -- AIDS TO LOCAL GOVERNMENTS Section 1: City revenue need language modified. Section 2: City aid base language modified. Section 3: Small city aid base language provided. Section 4: City jobs base language provided. Section 5: Unmet need language added. Section 6: County transition aid language modified. Section 7: City formula aid language modified. Section 8: City aid distribution language modified. Section 9: Appropriation language modified. Section 10: Utility valuation transition aid language provided. Section 11: State Parks located on Lake Vermillion;[...] show full description
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