House Tax Committee lays over HF 2,274 after rehearing omnibus tax provisions; adopts two technical amendments

The Minnesota House Tax Committee on a voice vote adopted two technical amendments to House File 2,274 and laid the bill over for possible inclusion in the House tax omnibus after a nonpartisan staff rehearing of provisions carried over from the 2024 tax package.

Committee chair Gomez opened the meeting by moving the A1 amendment and later the A2 amendment; both were approved by voice vote. "All those in favor of adopting the A1, please signify by saying aye," the chair said before the committee approved the amendment, and later the A2 was adopted in the same fashion.

The bill is being handled as a "rehearing" of last year’s omnibus and is intended to assemble a set of provisions the House tax chairs may carry into conference work later in the session. Nonpartisan staff walked members through six articles covering individual and corporate income taxes, property taxes and local aids, sales and use taxes, tax-increment financing, special local taxes and a miscellaneous article.

Nonpartisan staffer Mr. Williams summarized Article 1, which covers individual and corporate franchise taxes. He said Article 1 "contains changes that establish an electronic filing system for the political contribution refund," and includes a corporate disclosure provision that would require public reporting for corporations with $250,000,000 or more in domestic sales. Article 1 also contains language to create a direct free-file system at the Department of Revenue and a proposal to move 18-year-old dependents from the older-child credit into the younger-child credit so the per-child amount is higher for younger children.

Mr. Swanson summarized Article 2 on property taxes and local government aids. He described provisions…