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MN HF2272
Bill
Status
3/7/2019
Primary Sponsor
Kristin Robbins
Click for details
AI Summary
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Expands the education expense credit under Minnesota tax law to include prekindergarten educational program expenses for qualifying children.
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Allows a $1,625 maximum deduction for each qualifying child in a prekindergarten program or kindergarten through grade 6 (previously only applied to K-12).
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Permits a 75 percent tax credit against state income tax for amounts paid for education-related expenses in prekindergarten programs.
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Defines eligible prekindergarten programs to include school district programs, licensed preschools and early childhood programs with specified accreditation, Montessori programs, and family day care programs with approved credentials.
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Effective for tax years beginning after December 31, 2018.
Legislative Description
Education expense credit and deduction provided to apply to expenditures for prekindergarten expenses.
Last Action
Introduction and first reading, referred to Education Policy
3/7/2019