Amendment sh2757a-9

sh2757a-9 sh2757a-9

1.1Senator Housley moved to amend H.F. No. 2757 as follows:
1.2Page 6, after line 32, insert:

1.3    "Sec. 8. REBATE CREDIT.
1.4    Subdivision 1. Credit allowed. A taxpayer who received a payment pursuant to Laws
1.52023, chapter 64, article 1, section 49, may claim a credit equal to ten percent of the amount
1.6of the payment.
1.7    Subd. 2. Allocation. For a part-year resident, the credit must be allocated based on the
1.8percentage calculated under Minnesota Statutes, section 290.06, subdivision 2c, paragraph
1.9(e).
1.10EFFECTIVE DATE.This section is effective retroactively for payments issued after
1.11August 1, 2023, for taxable years beginning after December 31, 2022, and before January
1.121, 2025."
1.13The motion prevailed. #did not prevail. So the amendment was #not adopted.