SF 872

1st Engrossment - 87th Legislature (2011 - 2012) Posted on 03/06/2012 02:34pm

A bill for an act
relating to taxation; providing for voluntary contributions to the state on the
income tax form; 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] CONTRIBUTIONS ON FORM.
new text end

new text begin Each individual that files an income tax return under this chapter may designate
on the return that an amount of $10 or more is contributed to the state by adding the
designated amount to the tax due from or by deducting it from the refund that would
otherwise be payable to the individual. The commissioner shall modify the forms and
instructions to permit these contributions to be made. The commissioner of management
and budget shall treat the designated amounts in the manner provided for other gifts to
the state under sections 16A.013 to 16A.016. The commissioner of management and
budget shall deposit the designated amounts in the budget reserve account in the general
fund in the state treasury.
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, 2010.
new text end