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HF 3769

as introduced - 93rd Legislature (2023 - 2024) Posted on 04/08/2024 12:02pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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1.6 1.7
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A bill for an act
relating to taxation; corporate franchise; modifying the effective date of a reduction
in the limitation on the deductibility of net operating losses; amending Laws 2023,
chapter 64, article 1, section 44.

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

Section 1.

Laws 2023, chapter 64, article 1, section 44, the effective date, is amended to
read:


EFFECTIVE DATE.

This section is effective for taxable years beginning after December
31, deleted text begin 2022deleted text end new text begin 2023new text end .

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective retroactively for taxable years beginning
after December 31, 2022.
new text end

Minnesota Office of the Revisor of Statutes, Centennial Office Building, 3rd Floor, 658 Cedar Street, St. Paul, MN 55155