MN HF2529

Expands the Minnesota education credit to include a new "reading credit" of up to $2,000 (75% of expenses) for treatment of dyslexia or reading disorders by qualified instructors, effective for tax years beginning after December 31, 2013.

Creates a "reading educator credit" of up to $1,000 (75% of expenses) for Minnesota licensed teachers who complete training in dyslexia diagnosis and treatment through field-tested programs with multisensorial curriculum.

Modifies the education credit under subdivision 1 to exclude expenses already claimed under the new reading credit (subdivision 1a) to prevent double-claiming.

Makes the reading credit refundable if it exceeds the claimant's tax liability, with the credit expiring for tax years beginning after December 31, 2016.

Amends income limitations and allocation rules to apply the new credits to nonresidents and part-year residents using the same percentage calculation as existing education credits.