as introduced - 93rd Legislature (2023 - 2024) Posted on 03/08/2023 09:36am
A bill for an act
relating to taxation; individual income; providing a subtraction for certain
unemployment compensation received in 2021.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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(a) For the purposes of this section, "subtraction" has the meaning given in Minnesota
Statutes, section 290.0132, subdivision 1, and the rules in that subdivision apply for this
section.
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(b) Unemployment compensation received by individuals in taxable years beginning
after December 31, 2020, and before January 1, 2022, as a result of the decision issued by
the Minnesota Court of Appeals, 956 N.W. 2d 1, filed February 22, 2021, is a subtraction.
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This section is effective retroactively for taxable years beginning
after December 31, 2020, and before January 1, 2022.
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