House committee lays over $2,274 omnibus tax rehearing after debate on corporate disclosure, direct file and local aids

The Minnesota House Taxes Committee on March 18 laid over House File 2,274 — a rehearing of many provisions from the 2024 tax bill — after hearing nonpartisan staff explain the bill’s six articles and receiving hours of testimony for and against key provisions.

The committee’s vote to lay the bill over follows adoption of two technical amendments (A1 and A2) by voice vote during the hearing. Chair Gomez moved the bill be laid over “for possible inclusion in the tax omnibus bill.”

Article 1 covers individual and corporate income and franchise tax changes, including (as described by nonpartisan staff) a corporate disclosure requirement for corporations with $250,000,000 in domestic sales, language to create a state-run direct free-file system for individual taxpayers, technical changes to credits (including beginning farmer credit deadlines), changes to child-credit treatment that move 18‑year‑olds from an “older child” bracket into a “younger child” bracket, and nonconformity to federal Section 530 safe‑harbor rules on worker classification.

Article 2 addresses property tax and local government aids: clarifying that property owned by charitable organizations used exclusively for rental housing is not exempt under the Alliance Housing case, utility cooperative attachment language, tribal property exemptions (including five parcels in Cook County held by the Grand Portage Band and property in Minneapolis owned by the Leech Lake Band of Ojibwe), establishment of an advanced homestead credit that allows certain seniors to receive advance property‑tax…