HF1437 (Legislative Session 94 (2025-2026))
Stillbirth individual income tax credit modified.
Related bill: SF1646
AI Generated Summary
This bill proposes an amendment to Minnesota tax law regarding the stillbirth tax credit. It modifies Minnesota Statutes 2024, section 290.0685, subdivision 1, to provide a $2,000 tax credit for parents who have experienced a stillbirth, provided that a certificate of birth resulting in stillbirth has been issued. The credit is available only for the tax year in which the stillbirth occurred, and the child must have qualified as a dependent under federal tax law (IRC section 152).
Additionally, for nonresidents or part-year residents, the credit must be adjusted proportionally based on Minnesota income allocation rules.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 23, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
Citations
[
{
"analysis": {
"added": [
"Amends the definition and eligibility for the stillbirth tax credit."
],
"removed": [],
"summary": "This bill modifies the stillbirth tax credit provisions under section 290.0685.",
"modified": [
"Updates the credit calculation for nonresidents or part-year residents."
]
},
"citation": "290.0685"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "References the issuance of a certificate of birth resulting in stillbirth under section 144.2151.",
"modified": [
"Specifies the requirement for issuing a certificate of birth resulting in stillbirth."
]
},
"citation": "144.2151"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill makes reference to section 290.06 for credit allocation.",
"modified": [
"Includes allocation details for the stillbirth credit based on residency."
]
},
"citation": "290.06"
}
]