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MN SF2345
Bill
Status
Introduced
3/1/2023
Primary Sponsor
Steve Drazkowski
Click for details
AI Summary
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Allows individuals to subtract certain unemployment compensation received in 2021 from Minnesota state income tax calculations.
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Applies specifically to unemployment compensation resulting from a Minnesota Court of Appeals decision (956 N.W. 2d 1, filed February 22, 2021).
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Creates a tax subtraction under Minnesota Statutes section 290.0132, subdivision 1.
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Applies retroactively to taxable years beginning after December 31, 2020, and before January 1, 2022.
Legislative Description
2021 unemployment compensation income tax subtraction authorization
Last Action
Referred to Taxes
3/1/2023
Committee Referrals
Taxes3/1/2023
Full Bill Text
No bill text available