MN HF574

Establishes a $2,500 refundable income tax credit for qualified teachers who complete a master's degree in a core content area related to their teaching license.

Requires teachers to hold a valid Minnesota teaching license both when beginning and completing the master's program, with programs started after June 30, 2017.

Eligible core content areas include reading, English or language arts, mathematics, science, foreign languages, civics and government, economics, arts, history, and geography.

Master's degree programs must not include pedagogy or pedagogy components and must be in a core content area where the teacher provides direct classroom instruction.

Credit is refundable, meaning any excess over the individual's tax liability is refunded from the general fund, and may be claimed only once per master's degree program.