SF2103 (Legislative Session 94 (2025-2026))
Refundability removal of the child tax credit and working family credit
AI Generated Summary
The bill, S.F. No. 2103, proposes changes to Minnesota's tax law by removing the refundability of the Child Tax Credit and the Working Family Credit. Specifically, it:
- Amends Minnesota Statutes section 289A.08, subdivision 1, regarding individual income tax return filing requirements.
- Amends Minnesota Statutes section 290.0661, subdivision 9, likely to reflect the removal of refundability for the Child Tax Credit.
- Repeals Minnesota Statutes:
- Section 290.0661, subdivisions 6 and 8, which likely concern refundable provisions of the Child Tax Credit.
- Section 290.0671, subdivision 4, which likely pertains to the refundable portion of the Working Family Credit.
Key Impact
- Taxpayers will no longer receive refundable portions of the Child Tax Credit and Working Family Credit, meaning if their tax liability is zero, they won't receive a refund based on these credits.
- Low-income families, who previously relied on these refundable credits for additional financial support, may be negatively impacted.
The bill was introduced on March 3, 2025, and referred to the Senate Taxes Committee for further review.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 02, 2025 | Senate | Floor | Action | Introduction and first reading | |
| March 02, 2025 | Senate | Floor | Action | Referred to | Taxes |
Citations
[
{
"analysis": {
"added": [
"A new condition requiring individuals to file if they elected to receive advance payments of the child tax credit."
],
"removed": [],
"summary": "This bill modifies requirements for filing individual income tax returns in Minnesota under section 289A.08.",
"modified": []
},
"citation": "289A.08"
},
{
"analysis": {
"added": [],
"removed": [
"The refundability of the child tax credit and working family credit."
],
"summary": "This bill removes the refundability of certain tax credits under section 290.0661.",
"modified": []
},
"citation": "290.0661"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "References to determine gross income derived from Minnesota sources.",
"modified": []
},
"citation": "290.081"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Referenced for determination of gross income sourced from Minnesota.",
"modified": []
},
"citation": "290.17"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Referenced for allowed subtractions in determining filing requirements.",
"modified": []
},
"citation": "290.0132"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Defines transferees responsible for filing decedent's income tax returns.",
"modified": []
},
"citation": "270C.58"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Defines 'gross income' as used in section 289A.08.",
"modified": []
},
"citation": "290.01"
}
]