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MN SF3774
Bill
Status
Introduced
2/15/2024
Primary Sponsor
Ann Rest
Click for details
AI Summary
- Amends Laws 2023, chapter 64, article 1, section 44 to modify the effective date of a net operating loss deductibility limitation reduction for corporate franchise tax purposes
- Changes the effective date from taxable years beginning after December 31, 2022 to taxable years beginning after December 31, 2023
- Makes the change retroactively applicable to taxable years beginning after December 31, 2022
- Introduced February 15, 2024 and referred to the Senate Taxes committee
- Sponsored by Senators Rest, Dibble, and Nelson
Legislative Description
Effective date of a reduction in the limitation on the deductibility of net operating losses provision modifications
Last Action
Rule 45; subst. General Orders HF3769, SF indefinitely postponed
3/21/2024
Committee Referrals
Taxes2/15/2024
Full Bill Text
No bill text available