Minnesota tax bill modifies individual income, corporate franchise, property, and sales taxes.

The Minnesota tax bill modifies individual income and corporate franchise taxes, property taxes, sales and use taxes, and other tax-related provisions. It repeals the assignability of the education credit, makes the research credit partially refundable, and modifies transfer provisions for the short line railroad credit. The bill also modifies the airline flight property tax, changes calculations for payments under the Sustainable Forest Incentive Act, and repeals local government cannabis aid.

Minnesota tax bill modifies individual income, corporate franchise, property, and sales taxes.

The Minnesota tax bill modifies individual income and corporate franchise taxes, property taxes, sales and use taxes, and other tax-related provisions. It repeals the assignability of the education credit, makes the research credit partially refundable, and modifies transfer provisions for the short line railroad credit. The bill also modifies the airline flight property tax, changes calculations for payments under the Sustainable Forest Incentive Act, and repeals local government cannabis aid.