HF3344 Summary

• Tax preparers must provide written notice to individual and corporate income tax filers about the option to contribute to homeless prevention and food shelf management accounts, included with preliminary worksheets and tax documents.

• Individual income tax filers may designate $1 or more to be added to their tax liability or deducted from their refund and paid into the homeless prevention and food shelf management account.

• Contributions are allocated with a specified percentage for homeless prevention and services, and a remaining percentage for the food shelf program established in section 256E.34 and administered by the Department of Human Services.

• Corporate tax filers have the same designation option to contribute $1 or more from their tax liability or refund to the homeless prevention and food shelf management account.

• All interest, gifts, contributions, and reimbursements credited to the account shall be used solely for management of homeless prevention and food shelf programs, with the state pledging not to impose additional restrictions on how the commissioners of human services or Minnesota Housing Finance Agency use available funds.

• Effective for taxable years beginning after December 31, 2009.