1.1 A bill for an act
1.2 relating to taxation; individual income; establishing a baby bonus within the
1.3 Minnesota child credit; amending Minnesota Statutes 2024, section 290.0661, by
1.4 adding a subdivision.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2024, section 290.0661, is amended by adding a subdivision
1.7to read:
1.8 Subd. 3a.Baby bonus.(a) The credit amount under subdivision 3 is increased by $400
1.9for each qualifying child of the taxpayer that was born during the taxable year.
1.10 (b) The commissioner must disregard credit amounts under this subdivision for the
1.11purposes of determining a taxpayer's minimum credit amount under subdivision 9.
1.12 (c) The commissioner may establish a process to allow a taxpayer to request an advance
1.13payment of the additional amount under this subdivision.
1.14 EFFECTIVE DATE.This section is effective for taxable years beginning after December
1.1531, 2024.
1Section 1.
REVISOR EAP/BM 25-0456103/05/25
State of Minnesota
This Document can be made available
in alternative formats upon request
HOUSE OF REPRESENTATIVES
H. F. No. 2254
NINETY-FOURTH SESSION
Authored by Hanson, J.; Smith; Sencer-Mura; Lee, K.; McDonald and others03/12/2025
The bill was read for the first time and referred to the Committee on Taxes