MN HF2305

Amends Minnesota Statutes section 270C.13 to modify the biennial tax incidence report required by March 1 of each odd-numbered year.

Requires the report to include analysis of income tax, sales and excise taxes, and property tax burden using systemwide incidence measures such as the Suits index, broken down by income deciles and other taxpayer characteristics.

Adds requirement that the report include information on the distribution of federal tax burden borne by Minnesota residents.

Requires the commissioner of revenue to prepare a supplement to the 2017 tax incidence report by January 2, 2018 containing the newly required information.

Appropriates unspecified funding from the general fund for fiscal year 2018 to cover costs of preparing and publishing the 2017 report supplement.