Legislative Session number- 82

Bill Name: SF0902

Relating to taxation; establishing a MinnesotaCare subsidized health insurance
account in the general fund, requiring the commissioner of finance to credit
certain tobacco settlement payments to the account and restricting the use of
money in the account to MinnesotaCare program expenditures; repealing the health
care access fund and the MinnesotaCare hospitals and health care providers gross
earnings tax and the health insurance gross premium tax on health maintenance
organizations (HMO), nonprofit health service plan corporations and community
integrated service networks (CISN); providing an income tax subtraction for
personal and dependent exemptions and a child care credit; adopting a single
factor sales income apportionment formula for corporate franchise tax purposes;
expanding the sales tax exemption for sales to local government units; requiring
the commissioner of finance to transfer money remaining in the health care
access fund to the subsidized health insurance account in the general fund;
appropriating money to the commissioner of human services for medical assistance
(MA) costs, requiring certain inflationary adjustments; repealing rural hospital
financial assistance grants used to offset the impact of the hospital tax and
the medical assistance hospital surcharge and division of cost requirements for
the Hennepin county medical center and the university of Minnesota hospital (ra)