Minnesota bill expands eligible expenses for the Minnesota education credit.

The bill amends Minnesota Statutes to expand the definition of education-related expenses for the Minnesota education credit. Eligible expenses now include fees for tutoring, summer camps, transportation, and equipment for career and technical education programs. The bill also includes a $200 limit per family for personal computer hardware and educational software. This change is effective for taxable years beginning after December 31, 2024.

Minnesota bill expands eligible expenses for the Minnesota education credit.

The bill amends Minnesota Statutes to expand the definition of education-related expenses for the Minnesota education credit. Eligible expenses now include fees for tutoring, summer camps, transportation, and equipment for career and technical education programs. The bill also includes a $200 limit per family for personal computer hardware and educational software. This change is effective for taxable years beginning after December 31, 2024.