Skip to main content Skip to office menu Skip to footer
Capital IconMinnesota Legislature
Office of the Revisor of Statutes

HF 3464

as introduced - 90th Legislature (2017 - 2018) Posted on 04/24/2018 11:41am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
Pdf Rtf

Bill Text Versions

Engrossments
Introduction Posted on 04/24/2018

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9 1.10 1.11 1.12
1.13 1.14

A bill for an act
 relating to taxation; individual income; modifying the subtraction for charitable
contributions for taxpayers who do not itemize; amending Minnesota Statutes
2016, section 290.0132, subdivision 7.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2016, section 290.0132, subdivision 7, is amended to read:


Subd. 7.

Charitable contributions for taxpayers who do not itemize.

To the extent
not deducted or not deductible under section 408(d)(8)(E) of the Internal Revenue Code in
determining federal taxable income by an individual who does not itemize deductions for
federal income tax purposes for the taxable year, deleted text begin an amount equal to 50 percent of the excessdeleted text end new text begin
the total amountnew text end of charitable contributions deleted text begin over $500deleted text end allowable as a deduction for the
taxable year under section 170(a) of the Internal Revenue Code is a subtraction.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for taxable years beginning after December
31, 2017.
 new text end