MN HF4322

Amends Minnesota Statutes section 290.01, subdivision 31, to incorporate the federal expansion of the dependent care credit under section 70405 of Public Law 119-21 into Minnesota's tax code

Updates Minnesota's definition of "Internal Revenue Code" to include this specific federal dependent care credit expansion beyond the general May 1, 2023 conformity date

Effective the day following final enactment, with federal tax changes applied retroactively to match when they became effective at the federal level