HF 919

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to taxation; providing for an income tax
surcharge; appropriating money; proposing coding for
new law in Minnesota Statutes, chapter 290.

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

Section 1.

new text begin [290.433] INCOME TAX SURCHARGE.
new text end

new text begin An individual, estate, trust, or corporation that files a
return under this chapter, may designate on their original
return that $5 or more shall be added to the tax or deducted
from the refund that would otherwise be payable by or to that
individual, estate, trust, or corporation.
new text end

new text begin The taxpayer shall designate that the added or deducted
amount shall be paid into one of the following accounts and used
for the stated purpose:
new text end

new text begin (1) K-12 education, for technology and/or capital
improvement grants to school districts;
new text end

new text begin (2) higher education, for state assistance to individual
students based on student need;
new text end

new text begin (3) transportation, for local road and bridge funds;
new text end

new text begin (4) health care, to provide funding for public health care
programs;
new text end

new text begin (5) nursing home assistance, for state reimbursement of
nursing home costs; or
new text end

new text begin (6) environmental clean water, for grants to cities for
wastewater treatment facilities.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for taxable
years beginning after December 31, 2004, and ending before
January 1, 2007.
new text end

Sec. 2. new text begin APPROPRIATION; SPECIAL ACCOUNTS.
new text end

new text begin (a) All amounts designated by taxpayers to be paid into the
K-12 education account under Minnesota Statutes, section
290.433, clause (1), must be deposited in the state treasury and
credited to a special K-12 education account. Money in the
account is appropriated annually to the commissioner of
education to make onetime grants to school districts for
technology or capital improvements.
new text end

new text begin (b) All amounts designated by taxpayers to be paid into the
higher education account under Minnesota Statutes, section
290.433, clause (2), must be deposited in the state treasury and
credited to a special higher education account. Money in the
account is appropriated annually to the Minnesota Higher
Education Services Office to provide financial assistance to
students, based on financial needs, attending postsecondary
educational institutions located in and operated by this state.
new text end

new text begin (c) All amounts designated by taxpayers to be paid into the
transportation account under Minnesota Statutes, section
290.433, clause (3), must be deposited in the state treasury and
credited to a special transportation account. Money in the
account is appropriated annually to the commissioner of
transportation for improvements to local roads and bridges.
new text end

new text begin (d) All amounts designated by taxpayers to be paid into the
health care account under Minnesota Statutes, section 290.433,
clause (4), must be deposited in the state treasury and credited
to a special health care account. Money in the account is
appropriated annually to the commissioner of human services to
provide additional funds for adult participation in
MinnesotaCare.
new text end

new text begin (e) All amounts designated by taxpayers to be paid into the
nursing home assistance account under Minnesota Statutes,
section 290.433, clause (5), must be deposited in the state
treasury and credited to a special nursing home assistance
account. Money in the account is appropriated annually to the
commissioner of human services to fund a onetime increase in
state paid nursing home reimbursement rates.
new text end

new text begin (f) All amounts designated by taxpayers to be paid into the
environmental clean water account under Minnesota Statutes,
section 290.433, clause (6), must be deposited in the state
treasury and credited to the wastewater infrastructure fund, and
annually appropriated to the public facilities authority to make
onetime grants to municipalities for wastewater treatment
facilities.
new text end

new text begin (g) All amounts appropriated from the special accounts
under this section are onetime appropriations and do not become
part of the base level funding for the 2006-2007 biennium.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective July 1, 2005.
new text end