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HF 1552

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/13/2023 07:12pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to taxation; individual income; extending the sunset of the beginning
farmer management and agricultural assets credits; amending Minnesota Statutes
2022, section 41B.0391, subdivision 7.

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

Section 1.

Minnesota Statutes 2022, section 41B.0391, subdivision 7, is amended to read:


Subd. 7.

Sunset.

This section expires for taxable years beginning after December 31,
deleted text begin 2023deleted text endnew text begin 2031new text end.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for taxable years beginning after December
31, 2023.
new text end