HF 4304

as introduced - 90th Legislature (2017 - 2018) Posted on 03/29/2018 02:33pm

A bill for an act
relating to taxation; individual income; modifying the requirement for eligibility
for the credit; amending Minnesota Statutes 2016, section 290.0685, subdivision
1.

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

Section 1.

Minnesota Statutes 2016, section 290.0685, subdivision 1, is amended to read:

Subdivision 1.

Credit allowed.

(a) An individual is allowed a credit against the tax
imposed by this chapter equal to $2,000 for each birth for which a certificate of birth resulting
in stillbirth has been issued under section 144.2151. The credit under this section is allowed
only in the taxable year in which the stillbirth occurred and if the child would have been a
dependent of the taxpayer as defined in section 152 of the Internal Revenue Code.

(b) new text begin If the birth resulting in a stillbirth occurred in a state other than Minnesota, the
individual must provide documentation from that state that is equivalent to a Minnesota
certificate of birth resulting in a stillbirth. The commissioner shall consult with the
commissioner of health in determining whether the documentation is sufficient to fulfill the
requirement of this paragraph.
new text end

new text begin (c) new text end For a nonresident or part-year resident, the credit must be allocated based on the
percentage calculated under section 290.06, subdivision 2c, paragraph (e).

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective retroactively for taxable years beginning
after December 31, 2015.
new text end