HF 4322

Introduction - 94th Legislature (2025 - 2026)

Posted on 03/16/2026 03:08 p.m.

A bill for an act
relating to taxation; individual income; conforming to the federal expansion of the
dependent care credit; amending Minnesota Statutes 2024, section 290.01,
subdivision 31.

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

Section 1.

Minnesota Statutes 2024, section 290.01, subdivision 31, is amended to read:

Subd. 31.

Internal Revenue Code.

Unless specifically defined otherwise, "Internal
Revenue Code" means the Internal Revenue Code of 1986, as amended through May 1,
2023 new text begin , except it also includes section 70405 of Public Law 119-21, the expansion of the
dependent care credit new text end . Internal Revenue Code also includes any uncodified provision in
federal law that relates to provisions of the Internal Revenue Code that are incorporated
into Minnesota law.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment, except
the changes incorporated by federal changes are effective retroactively at the same time the
changes were effective for federal purposes.
new text end