MN HF4616

Allows qualifying taxpayers subject to provider taxes (Minnesota Statutes, section 295.52) to claim a credit for COVID-19-related expenses incurred between March 13, 2020, and the expiration of any COVID-19 executive order.

Limits eligibility to taxpayers who have not received any state or federal COVID-19 grant or loan funds during the qualifying period.

Covers qualifying expenses including protective equipment, testing and treatment research, screening implementation, temporary testing/treatment sites, staff training, telemedicine technology, medical equipment replacement parts, specialty cleaning supplies, and staff isolation costs.

Requires credits to be claimed on the March 15, 2021 tax return for calendar year 2020, with provisions allowing estimated payment offsets from June 2020 through January 2021.

Allows excess credits to be refunded to taxpayers from the health care access fund, though credits cannot reduce tax liability below zero.