1.1 	A bill for an act
1.2 	relating to taxation; increasing the threshold amount for estate taxes;amending 
1.3 	Minnesota Statutes 2012, section 289A.10, subdivision 1.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2012, section 289A.10, subdivision 1, is amended to read:
1.6 		Subdivision 1.Return required. In the case of a decedent who has an interest in 
1.7 	property with a situs in Minnesota, the personal representative must submit a Minnesota 
1.8 	estate tax return to the commissioner, on a form prescribed by the commissioner, if:
1.9 	(1) a federal estate tax return is required to be filed; or
1.10 	(2) the federal gross estate exceeds $1,000,000 $2,000,000.
1.11 	The return must contain a computation of the Minnesota estate tax due. The return 
1.12 	must be signed by the personal representative.

1.13 	EFFECTIVE DATE. This section is effective for taxable years beginning after 
1.14 	December 31, 2012.