Minnesota bill modifies housing tax credit recipients and eliminates the credit sunset.

The bill amends the Minnesota housing tax credit to modify eligible recipients and remove the credit sunset. It defines new criteria for individuals and businesses to qualify for tax credits, including ownership and contribution requirements. The bill also repeals the sunset provision for the housing tax credit, ensuring that the credit remains in effect beyond its original expiration date.

Minnesota bill modifies housing tax credit recipients and eliminates the credit sunset.

The bill amends the Minnesota housing tax credit to modify eligible recipients and remove the credit sunset. It defines new criteria for individuals and businesses to qualify for tax credits, including ownership and contribution requirements. The bill also repeals the sunset provision for the housing tax credit, ensuring that the credit remains in effect beyond its original expiration date.