summary
Introduced
03/04/2021
03/04/2021
In Committee
03/04/2021
03/04/2021
Crossed Over
Passed
Dead
05/23/2022
05/23/2022
Introduced Session
92nd Legislature 2021-2022
Bill Summary
A bill for an act relating to taxation; individual income; increasing the amount of the dependent care credit; amending Minnesota Statutes 2020, section 290.067, subdivision 1.
AI Summary
This bill increases the amount of the dependent care credit for individual income taxpayers in Minnesota. Specifically, it amends the existing law to provide that the credit is equal to 2.5 times the amount of the federal dependent care credit, rather than the previous amount. The bill also includes an effective date provision, stating that the changes are effective for taxable years beginning after December 31, 2020.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Author added Rest (on 04/06/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1777&ssn=0&y=2021 | 03/04/2021 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1777&version=0&session=ls92&session_year=2021&session_number=0&format=pdf | 03/04/2021 |
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