2025-2026 Regular Session • Minnesota Legislature
HF947
Legislative Summary
Individual income and corporate franchise taxes; subtraction for global intangible low-taxed income established, corporate net operating loss deduction increased, and dividend received deduction increased.
Demographic Impact
Overall analysis of equity impact
70% Positive
High ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
Go beyond the overall score.
Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.
Enable full analysis features for your organization.
Contact Sales to Learn MoreOr email us directly at sales@legiequity.us.
Bill History
2/17/2025
Introduction and first reading, referred to Taxes
House of Representatives
Status Information
Current Status
Introduced(2/17/2025)
Chamber
House of Representatives
Committee
Taxes(House of Representatives)
Sponsors
Republican: 1
Primary Sponsor
Gregory Davids
Republican