MN SF2997

Modifies the film production tax credit to allow costs paid in any consecutive 12-month period (rather than just a taxable year) and extends the insurance premiums tax credit through December 31, 2030

Sets expiration date for pass-through entity tax election for taxable years beginning after December 31, 2027, removing linkage to federal Internal Revenue Code provisions

Creates sales tax exemption for sustainable aviation fuel facility construction materials purchased between July 1, 2027 and July 1, 2034, with refund mechanism for taxes paid

Clarifies Social Security benefits subtraction provisions and qualified public pension income subtraction by changing eligibility from "not receiving" to "did not earn" Social Security benefits for the underlying service

Extends time periods for administrative hearings on tax preparer violations from 10 to 30 days for hearing commencement and report issuance, and from 15 to 45 days for commissioner's final order