Minnesota SF 2101: Minnesota State Colleges and Universities online differential tuition rate charged for students for certain online courses reimbursement requirement

Bill Text

1.1 A bill for an act​
1.2 relating to taxation; individual income; repealing the inflation adjustment for the​
1.3 child tax credit and working family credit; repealing Minnesota Statutes 2024,​
1.4 sections 290.0661, subdivision 7; 290.0671, subdivision 7.​
1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.6 Section 1. REPEALER.​
1.7 Minnesota Statutes 2024, sections 290.0661, subdivision 7; and 290.0671, subdivision​
1.8 7, are repealed.​
1.9 EFFECTIVE DATE.This section is effective for taxable years beginning after December​
1.10 31, 2024.​
1​Section 1.​
25-04204 as introduced​02/20/25 REVISOR EAP/NS​
SENATE​
STATE OF MINNESOTA​
S.F. No. 2101​NINETY-FOURTH SESSION​
(SENATE AUTHORS: DRAZKOWSKI, Weber, Utke and Lieske)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​616​03/03/2025​
Referred to Taxes​

290.0661 MINNESOTA CHILD TAX CREDIT.​
Subd. 7.Inflation adjustment.(a) For taxable years beginning after December 31, 2025, the​
commissioner of revenue must annually adjust for inflation the credit amount in subdivision 3 as​
provided in section 270C.22. The adjusted amounts must be rounded to the nearest $60. The statutory​
year is taxable year 2025.​
(b) For taxable years beginning after December 31, 2023, the commissioner of revenue must​
annually adjust for inflation the phaseout thresholds in subdivision 4, as provided in section 270C.22.​
The statutory year is taxable year 2023.​
290.0671 MINNESOTA WORKING FAMILY CREDIT.​
Subd. 7.Inflation adjustment.The commissioner shall annually adjust the earned income​
amounts used to calculate the credit and the qualifying older child amounts in subdivision 1 as​
provided in section 270C.22. The statutory year is taxable year 2023.​
1R​
APPENDIX​
Repealed Minnesota Statutes: 25-04204​