MN SF3390

Appropriates $10,000,000 in fiscal year 2026 from the general fund to the Commissioner of Revenue for an expanded corporate tax compliance initiative, with funding available until July 1, 2029

Targets corporations that inaccurately report taxable income, miscalculate credits, or fail to pay all taxes owed under the corporate franchise tax

Prioritizes enforcement activities on corporations reporting $25,000,000 or more in Minnesota sales or gross receipts annually

Requires the appropriation to supplement, not replace, existing funding for tax compliance activities