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Capital IconMinnesota Legislature

Legislative Session number- 81

Bill Name: SF1494

Relating to taxation; reducing the individual income tax rates and adjusting and
providing for inflation adjustment of the brackets; increasing the income limits
for dependent care income tax credit eligibility purposes and modifying the
inflation adjustment requirement; providing an income tax credit for children
and appropriating money to the commissioner of revenue for refund of certain
excess credits; modifying the property tax refund schedules for homeowners and
renters and expanding eligibility; expanding the sales tax exemption for capital
equipment to equipment used to provide telecommunications services (rla)