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SF 5052

Minnesota - Session 2026 Regular

Senate in_committee 2026-04-09
Bill Details

Title: A bill for an act relating to taxation; modifying individual income, corporate franchise, sales and use, and gross receipts taxes and other various taxes and tax-related provisions; providing appointments; providing for certain federal conformity; modifying pass-through entity tax provisions; modifying the sustainable aviation fuel credit; modifying the dependent care credit; modifying the historic structure rehabilitation credit; imposing a gross receipts tax on firearms; lowering the statewide sales and use tax rate and expanding the base; imposing a social media tax and dedicating receipts; making changes to the cannabis gross receipts tax; creating a commission on artificial intelligence; providing for appointments; requiring reports; appropriating money; amending Minnesota Statutes 2024, sections 41A.30, subdivisions 1, 2, 7; 270C.726, subdivisions 2, 3; 289A.02, subdivision 7; 289A.08, subdivision 7a; 289A.12, subdivisions 4, 12, by adding a subdivision; 289A.60, subdivision 8; 290.01, subdivisions 19, 31; 290.0122, subdivision 4; 290.0131, subdivision 9, by adding subdivisions; 290.0132, by adding subdivisions; 290.0133, subdivision 11, by adding subdivisions; 290.0134, by adding subdivisions; 290.033; 290.06, subdivision 40; 290.067; 290.0921, subdivision 3; 290.21, subdivision 10; 290.92, subdivision 26; 290A.03, subdivision 15; 291.005, subdivision 1; 295.81, subdivisions 1, 3, 4, 6, 9; 297A.61, subdivision 3; 297A.62, subdivision 1; 297F.25, subdivision 1; Minnesota Statutes 2025 Supplement, sections 41A.30, subdivision 5; 290.06, subdivisions 2c, 23a; 290.091, subdivision 2; proposing coding for new law in Minnesota Statutes, chapters 116J; 290; 295.

Summary

Various taxation policy provisions modifications

Sponsor
Ann H. Rest
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-04-09 Introduced Bill introduced
2026-04-09 Status in_committee
2026-04-09 Latest Action Referred to Taxes
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