MN SF5347

Amends Minnesota Statutes section 270C.21 to establish definitions for eligible organizations, eligible credits, tax outreach organizations, taxpayer assistance services, and volunteer taxpayer assistance organizations.

Requires the Department of Revenue commissioner to annually make grants to volunteer taxpayer assistance organizations to provide accounting and tax preparation services to low-income, elderly, and disadvantaged Minnesota residents.

Requires the commissioner to annually make grants to tax outreach organizations and volunteer assistance organizations to publicize eligible tax credits and provide taxpayer assistance services.

Appropriates $1,000,000 in fiscal year 2025 for tax credit outreach grants under subdivision 4, in addition to amounts previously appropriated.

Appropriates $750,000 in fiscal year 2025 for taxpayer assistance grants under subdivision 3, in addition to amounts previously appropriated.