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MN SF1112

Bill

Official Source

Status

Introduced

2/2/2023

Primary Sponsor

Eric Lucero

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Decreases Minnesota corporate franchise tax rate from 9.8 percent to 9.3 percent on taxable income.
  • Amends Minnesota Statutes 2022, section 290.06, subdivision 1.
  • Effective for taxable years beginning after December 31, 2023.
  • Sponsored by Senator Lucero in the 93rd Minnesota legislative session.

Legislative Description

Corporate franchise tax rate decrease

Last Action

Referred to Taxes

2/2/2023

Committee Referrals

Taxes2/2/2023

Full Bill Text

No bill text available