summary
Introduced
03/12/2025
03/12/2025
In Committee
03/12/2025
03/12/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to taxation; individual income; establishing a baby bonus within the Minnesota child credit; amending Minnesota Statutes 2024, section 290.0661, by adding a subdivision.
AI Summary
This bill establishes a new "baby bonus" provision within the existing Minnesota child tax credit system, which provides an additional $400 tax credit for each child born during the taxable year. The bonus credit will be added to the existing child credit amount, and the state's tax commissioner is instructed to disregard this additional amount when calculating the taxpayer's minimum credit requirement. The bill also allows the commissioner to create a process by which taxpayers can request an advance payment of the bonus credit. This baby bonus is designed to provide financial support to families with newborn children and will become effective for tax years beginning after December 31, 2024, meaning it will first apply to the 2025 tax year. By offering this additional tax credit, the legislation aims to provide extra financial assistance to families with new children, potentially helping to offset some of the initial costs associated with childbirth and infant care.
Committee Categories
Budget and Finance
Sponsors (35)
Jess Hanson (D)*,
Kaela Berg (D),
Mary Clardy (D),
Nathan Coulter (D),
Brion Curran (D),
Greg Davids (R),
Steve Elkins (D),
Cedrick Frazier (D),
Mike Freiberg (D),
Bobbie Harder (R),
Michael Howard (D),
Samakab Hussein (D),
Katie Jones (D),
Erin Koegel (D),
Carlie Kotyza-Witthuhn (D),
Liish Kozlowski (D),
Larry Kraft (D),
Liz Lee (D),
Leon Lillie (D),
Joe McDonald (R),
Danny Nadeau (R),
Nathan Nelson (R),
Matt Norris (D),
Bjorn Olson (R),
María Isa Pérez-Vega (D),
Dave Pinto (D),
Jason Rarick (R),
Lucy Rehm (D),
Isaac Schultz (R),
Samantha Sencer-Mura (D),
Andy Smith (D),
Zack Stephenson (D),
Brad Tabke (D),
Dan Wolgamott (D),
Natalie Zeleznikar (R),
Last Action
Hearing (10:15:00 3/20/2025 ) (on 03/20/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2254&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF2254&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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