HF 3535

as introduced - 89th Legislature (2015 - 2016) Posted on 03/23/2016 11:18am

A bill for an act
relating to taxation; income and corporate franchise; establishing a credit for
certain dental care providers; appropriating money; 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 [290.0693] DENTAL CARE PROVIDER CREDIT.
new text end

new text begin Subdivision 1. new text end

new text begin Credit allowed; limitations. new text end

new text begin (a) A taxpayer who qualifies as a
licensed dental provider under chapter 150A is allowed a credit against the tax imposed
by this chapter equal to:
new text end

new text begin (1) the ratio of the number of patients treated by the taxpayer during the taxable
year who are enrolled in medical assistance under chapter 256B or MinnesotaCare under
chapter 256L to the number of all patients treated by the taxpayer during the taxable
year , multiplied by:
new text end

new text begin (2) the amount of tax paid by the taxpayer under section 295.52, subdivision 2,
during the taxable year referenced in clause (1).
new text end

new text begin (b) For purposes of this section, "patient" means a single individual, regardless of
the number of times the taxpayer treated the individual or the number of treatments given.
new text end

new text begin (c) For a nonresident or part-year resident taxpayer, the credit must be allocated
based on the percentage calculated under section 290.06, subdivision 2c, paragraph (e).
new text end

new text begin Subd. 2. new text end

new text begin Credit to be refundable. new text end

new text begin If the amount of credit that the claimant is
eligible to receive under this section exceeds the claimant's tax liability under this chapter,
the commissioner shall refund the excess to the claimant.
new text end

new text begin Subd. 3. new text end

new text begin Appropriation. new text end

new text begin An amount sufficient to pay the refunds required by this
section is appropriated to the commissioner from the general fund.
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, 2015.
new text end