Bill > HF912

This bill establishes a new private letter ruling (PLR) program within the Minnesota Department of Revenue, allowing taxpayers to request formal guidance on how tax laws will be applied to specific transactions or situations. By January 1, 2026, the commissioner must create an administrative rule establishing a process where taxpayers or their representatives can apply for a ruling that explains how tax law will be interpreted in their unique circumstance. The program includes several key provisions: an application procedure with potential fees to cover administrative costs, a 90-day response timeline (with fee refund if not met), and specific binding conditions for when a ruling is considered valid. Importantly, these rulings will only be binding for the specific taxpayer who receives them and cannot be used as precedent by other taxpayers. The bill also mandates transparency by requiring the department to publish redacted rulings on their website in a searchable format and submit biennial reports to the legislature detailing the program's usage, including the number of applications, types of rulings, and taxpayer characteristics. The goal is to provide more clarity and predictability in tax law interpretation while maintaining administrative efficiency and accountability.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0912&ssn=0&y=2025