HF 104
Introduction - 93rd Legislature (2023 - 2024)
Posted on 01/05/2023 09:53 a.m.
1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17
1.18 1.19
A bill for an act
relating to taxation; individual income; conforming to the federal tax rules for the
Shuttered Venue Operators grant program; amending Minnesota Statutes 2022,
section 290.0111, subdivision 4.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2022, section 290.0111, subdivision 4, is amended to read:
Subd. 4.
Consolidated Appropriations Act, 2021.
(a) "Internal Revenue Code" includes
the following provisions of the COVID-related Tax Relief Act of 2020 in Public Law
116-260:
(1) section 275;
(2) section 276; and
(3) section 277.
(b) For taxable years beginning after December 31, 2019, and before January 1, 2021,
"Internal Revenue Code" includes sections 278(b) and 278(c) of the COVID-related Tax
Relief Act of 2020 in Public Law 116-260.
new text begin
(c) For taxable years beginning after December 31, 2019, "Internal Revenue Code"
includes section 278(d) of the COVID-related Tax Relief Act of 2020 in Public Law 116-260.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective retroactively for taxable years beginning
after December 31, 2019.
new text end