1.1 	A bill for an act
1.2 	relating to taxation; providing individual and corporate income tax checkoffs to 
1.3 	fund the State Capitol restoration;proposing coding for new law in Minnesota 
1.4 	Statutes, chapter 290.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. [290.433] STATE CAPITOL RESTORATION CHECKOFF.
1.7 		Subdivision 1.Individual returns. Every individual who files an income tax return 
1.8 	may designate on the individual's return that $1 or more must be added to the tax or 
1.9 	deducted from the refund that would otherwise be payable by or to that individual and 
1.10 	paid into an account in the special revenue fund to be established for restoration of the 
1.11 	State Capitol. The commissioner of revenue must, on the income tax return and the 
1.12 	property tax refund claim form, notify filers of their right to designate that a portion of 
1.13 	their tax or refund be paid into the State Capitol restoration account. The sum of the 
1.14 	amounts so designated must be credited to the State Capitol restoration account for use by 
1.15 	the Department of Administration to design, construct, furnish, and equip the restoration 
1.16 	and renovation of the State Capitol building. All interest earned on money accrued and 
1.17 	gifts to the account, and reimbursement of expenditures must be credited to the account 
1.18 	by the commissioner of finance.
1.19 		Subd. 2.Corporate returns. A corporation that files an income tax return may 
1.20 	designate on its original return that $1 or more must be added to the tax or deducted from 
1.21 	the refund that would otherwise be payable by or to that corporation and paid into an 
1.22 	account in the special revenue fund to be established for restoration of the State Capitol. 
1.23 	The commissioner of revenue must, on the corporate tax return, notify filers of their right 
1.24 	to designate that a portion of their tax or refund be paid into the State Capitol restoration 
2.1 	account. The sum of the amounts so designated must be credited to the State Capitol 
2.2 	restoration account for use by the Department of Administration to design, construct, 
2.3 	furnish, and equip the restoration and renovation of the State Capitol building. All interest 
2.4 	earned on money accrued and gifts to the account, and reimbursement of expenditures, 
2.5 	must be credited to the account by the commissioner of finance.
2.6 		Subd. 3.Use of funds. The state pledges and agrees with all individual and 
2.7 	corporate contributors to the State Capitol restoration account to use the funds solely for 
2.8 	the design, construction, furnishing, and equipping of the restoration and renovation of the 
2.9 	State Capitol, and further agrees that it will not impose additional conditions or restrictions 
2.10 	that will limit or otherwise restrict the ability of the commissioner of administration to 
2.11 	use the available funds for the most efficient and effective management of restoration 
2.12 	to the State Capitol.

2.13 	EFFECTIVE DATE. This section is effective for taxable years beginning after 
2.14 	December 31, 2007.