1E Relating to the income tax; creating the "Rural Minnesota Catch-Up Credit" on a temporary basis to provide for economic growth in rural counties of the state; providing a refundable income tax credit for employers creating and retaining certain qualifying jobs, defining eligible county and qualifying job; specifying certain job creation and credit application requirements for credit qualification purposes; requiring eligible counties to periodically award the credits, specifying certain notice publication and applicant selection requirements, criteria; setting a limit on total credits per eligible county, allowing carryover of unawarded amounts; requiring the commissioner of revenue to prescribe the manner of issuing and claiming the credit and to report to the legislature by a certain date on the credits claimed and on the feasibility and benefit of continuing the program, authorizing consultation with the commissioner of employment and economic development (DEED) in preparing the report
(je, ja)