SF2101 (Legislative Session 94 (2025-2026))

Inflation adjustment repeal for the child tax credit and working family credit

AI Generated Summary

This bill proposes to repeal the inflation adjustment for the child tax credit and the working family credit in Minnesota. Specifically, it eliminates Minnesota Statutes 2024, sections 290.0661, subdivision 7, and 290.0671, subdivision 7, which relate to these adjustments. If enacted, the child tax credit and working family credit would no longer increase automatically with inflation.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 02, 2025HouseFloorActionIntroduction and first reading
March 02, 2025SenateFloorActionIntroduction and first reading
March 02, 2025HouseFloorActionReferred toTaxes
March 02, 2025SenateFloorActionReferred toTaxes

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [
        "Repeals inflation adjustment for the child tax credit."
      ],
      "summary": "The bill repeals the inflation adjustment for the child tax credit under section 290.0661, subdivision 7.",
      "modified": []
    },
    "citation": "290.0661",
    "subdivision": "subdivision 7"
  },
  {
    "analysis": {
      "added": [],
      "removed": [
        "Repeals inflation adjustment for the working family credit."
      ],
      "summary": "The bill repeals the inflation adjustment for the working family credit under section 290.0671, subdivision 7.",
      "modified": []
    },
    "citation": "290.0671",
    "subdivision": "subdivision 7"
  }
]