Loading chat...
MN HF2118
Bill
Status
Introduced
2/8/2012
Primary Sponsor
Jim Abeler
Click for details
AI Summary
- Allows individuals a tax credit equal to 75 percent of education-related expenses for qualifying children in kindergarten through grade 12
- Expands "education-related expenses" to include admission fees or charges for extracurricular activities authorized under Minnesota statute section 123B.36, subdivision 1, paragraph (b), clause (2)
- Maintains existing coverage for tutoring, instructional fees, textbooks, educational software (up to $200 per family), and transportation to qualifying schools in Minnesota and neighboring states
- Excludes religious instruction and materials, and clarifies that textbook category does not include extracurricular activity materials
- Effective for taxable years beginning after December 31, 2011
Legislative Description
K-12 education income subtraction and credit modified to apply to fees charged for extracurricular activities.
Last Action
Author added Slocum
2/9/2012
Committee Referrals
Education Reform2/8/2012
Full Bill Text
No bill text available