HF73 (Legislative Session 94 (2025-2026))
Maximum refund for political contributions increased.
AI Generated Summary
This bill proposes to increase the refund taxpayers in Minnesota can receive for contributions made to political parties and candidates. Specifically, the maximum refund would rise from $75 to $100 for individuals and from $150 to $200 for married couples filing jointly. The refund can be claimed only if contributors provide a valid receipt issued by the political party or candidate, attach this receipt to a special form, and file it within a specific timeframe. The bill also requires that the candidate receiving contributions agrees to certain spending limits to be eligible. Additionally, it includes a provision to protect the privacy of individuals claiming refunds, specifying what information remains confidential and what will be publicly disclosed.
In essence, this legislative bill aims to encourage political contributions by offering increased tax refunds, while also maintaining transparency and accountability in political financing.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 09, 2025 | House | Floor | Action | Introduction and first reading, referred to | Elections Finance and Government Operations |
| February 09, 2025 | House | Floor | Action | Introduction and first reading, referred to | Elections Finance and Government Operations |
| February 12, 2025 | House | Floor | Action | Author added | |
| February 16, 2025 | House | Floor | Action | Author added |
Citations
[
{
"analysis": {
"added": [
"A provision for electronic filing of claims for refunds, accepting receipt numbers in lieu of physical receipts."
],
"removed": [
""
],
"summary": "The bill increases the maximum refund amount available to taxpayers for political contributions under section 290.06, subdivision 23.",
"modified": [
"Maximum refund amounts for individuals and married couples filing jointly increased."
]
},
"citation": "290.06",
"subdivision": "subdivision 23"
},
{
"analysis": {
"added": [
""
],
"removed": [
""
],
"summary": "The bill refers to interest rates applicable to late refunds, which are specified in section 270C.405.",
"modified": [
""
]
},
"citation": "270C.405",
"subdivision": ""
},
{
"analysis": {
"added": [
""
],
"removed": [
""
],
"summary": "The bill references the requirement for candidates to sign an agreement to limit campaign expenditures as provided in section 10A.322.",
"modified": [
""
]
},
"citation": "10A.322",
"subdivision": ""
},
{
"analysis": {
"added": [
""
],
"removed": [
""
],
"summary": "The bill references voluntary spending limits for offices as specified in section 10A.25.",
"modified": [
""
]
},
"citation": "10A.25",
"subdivision": ""
},
{
"analysis": {
"added": [
""
],
"removed": [
""
],
"summary": "The bill references the definition of a major political party as defined in section 200.02, subdivision 7.",
"modified": [
""
]
},
"citation": "200.02",
"subdivision": "subdivision 7"
},
{
"analysis": {
"added": [
""
],
"removed": [
""
],
"summary": "The bill references minor political parties qualifying for inclusion on the tax form under section 10A.31, subdivision 3a.",
"modified": [
""
]
},
"citation": "10A.31",
"subdivision": "subdivision 3a"
},
{
"analysis": {
"added": [
""
],
"removed": [
""
],
"summary": "The bill references the definition of a candidate as provided in section 10A.01, subdivision 10.",
"modified": [
""
]
},
"citation": "10A.01",
"subdivision": "subdivision 10"
}
]