MN SF2826

Licensed dental providers under Minnesota chapter 150A are allowed a tax credit equal to the ratio of medical assistance/MinnesotaCare patients treated to total patients treated, multiplied by taxes paid under section 295.52, subdivision 2.

A "patient" is defined as a single individual regardless of treatment frequency or number of treatments received during the taxable year.

Credits exceeding tax liability are refundable, with the commissioner required to refund excess amounts to claimants.

An amount sufficient to pay refunds is appropriated from the general fund to the commissioner.

The credit applies to taxable years beginning after December 31, 2015.