SF501 (Legislative Session 94 (2025-2026))
Minnesota education credit eligible expenses expansion provision
Related bill: HF968
AI Generated Summary
The bill SF No. 501 introduced in the Minnesota Senate proposes to modify the state's education tax credit system by expanding what counts as eligible expenses. If passed, the changes would include:
The addition of career and technical education programs to the types of education that qualify for credit. This includes programs that provide skills needed for various professions, along with industry-recognized credentials or certificates.
Recognition of additional education-related expenses. These include costs for:
- Instructional fees or tuition.
- Textbooks and necessary equipment for elementary and secondary school subjects (excluding those used for religious instruction or extracurricular activities).
- Up to $200 per family for personal computer hardware and educational software used at home, which are not intended for business use and are meant to assist a dependent’s learning.
- Transportation costs for students attending schools in neighboring states if used for educational purposes, and specific transportation related to career and technical education programs.
- Expenses related to mandatory participation in student organizations and specific equipment required for career and technical education programs.
Definitions and guidelines regarding what constitutes a “qualified instructor” and a “qualifying child” are specified, ensuring these terms align with broader educational and tax standards.
The modification also includes expenses for summer camps, tutoring, and drivers education as part of eligible educational costs if they meet certain criteria related to the curriculum.
This bill aims to broaden the scope of educational expenses that are considered for tax benefits, thereby supporting more diversified educational paths and aiding families in managing the costs associated with education.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 22, 2025 | Senate | Floor | Action | Introduction and first reading | |
| January 22, 2025 | Senate | Floor | Action | Referred to | Taxes |
Citations
[
{
"analysis": {
"added": [
"Includes expenses related to career and technical education programs and associated transportation and equipment."
],
"removed": [],
"summary": "This bill modifies the definitions and eligible expenses for the Minnesota education credit under section 290.0674.",
"modified": [
"Expands the definition of 'education-related expenses' and clarifies eligibility for computer hardware costs."
]
},
"citation": "290.0674"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "References approval standards for career and technical education programs under section 124D.4531.",
"modified": []
},
"citation": "124D.4531"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "References approval standards for career and technical education programs under section 136F.32.",
"modified": []
},
"citation": "136F.32"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "References Minnesota academic standards for core curriculum areas under section 120B.021.",
"modified": []
},
"citation": "120B.021"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "References elective academic standards, including world languages, under section 120B.022.",
"modified": []
},
"citation": "120B.022"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "References the definition of a qualified instructor with specific clauses under section 120A.22.",
"modified": []
},
"citation": "120A.22"
},
{
"analysis": {
"added": [],
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"summary": "References adherence to discrimination laws within chapter 363A as required for certain educational entities.",
"modified": []
},
"citation": "363A"
}
]