HF 1704

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/01/2021 04:02pm

A bill for an act
relating to taxation; individual income; establishing a credit for donations to
emergency medical services providers; proposing coding for new law in Minnesota
Statutes, chapter 290.

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

Section 1.

new text begin [290.0661] CREDIT FOR DONATIONS TO EMERGENCY MEDICAL
SERVICES PROVIDERS.
new text end

new text begin Subdivision 1. new text end

new text begin Definitions. new text end

new text begin (a) For the purposes of this section, the following terms have
the meanings given.
new text end

new text begin (b) "Qualifying contribution" means a contribution that:
new text end

new text begin (1) is a charitable contribution, as defined in section 170(c) of the Internal Revenue
Code;
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new text begin (2) is made to a qualifying emergency medical services provider; and
new text end

new text begin (3) supports the provision of qualifying services.
new text end

new text begin (c) "Qualifying emergency medical services provider" means an individual, partnership,
association, corporation, Indian tribe, or unit of government licensed by the Emergency
Medical Services Regulatory Board under chapter 144E to operate an ambulance service.
new text end

new text begin (d) "Qualifying services" means basic life support services, advanced life support services,
or specialized life support services provided by a qualifying emergency medical services
provider.
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new text begin Subd. 2. new text end

new text begin Credit allowed. new text end

new text begin An individual taxpayer is allowed a credit against the taxes
imposed by this chapter equal to 25 percent of qualifying contributions. The credit is limited
to the taxpayer's liability for tax under this chapter, and must not exceed $800 for married
taxpayers filing a joint return and $400 for all other taxpayers.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for taxable years beginning after December
31, 2020.
new text end