SF1792

This bill proposes an amendment to Minnesota tax law that would allow family child care providers to subtract their earned income from taxable income when filing state individual income taxes. Specifically, it adds a provision to Minnesota Statutes 2024, section 290.0132, which provides a subtraction for income earned by providers licensed under chapter 142B and Minnesota Rules chapter 9502. If enacted, this bill would provide tax relief to licensed family child care providers by reducing their taxable income.