Loading chat...
MN HF4304
Bill
Status
Introduced
3/29/2018
Primary Sponsor
Roz Peterson
Click for details
AI Summary
- Allows individuals a $2,000 tax credit for each birth resulting in stillbirth where a certificate of birth has been issued under Minnesota law.
- Credit is only available in the taxable year the stillbirth occurred and requires the child would have qualified as a dependent under Internal Revenue Code section 152.
- Individuals who experienced stillbirths in states other than Minnesota must provide documentation equivalent to a Minnesota certificate of birth resulting in stillbirth, with the tax commissioner consulting the health commissioner to verify sufficiency.
- For nonresident or part-year residents, the credit must be allocated based on the percentage calculated under section 290.06, subdivision 2c, paragraph (e).
- Effective retroactively for taxable years beginning after December 31, 2015.
Legislative Description
Stillbirth credit eligibility requirement modified.
Last Action
Introduction and first reading, referred to Taxes
3/29/2018
Committee Referrals
Taxes3/29/2018
Full Bill Text
No bill text available