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Capital IconMinnesota Legislature

Legislative Session number- 83

Bill Name: SF0898

Providing an income tax credit for contributions to qualifying +affordable
housing, defining qualifying housing and qualifying affordable +housing
contribution; requiring annual taxpayer application to the +commissioner of the
housing finance agency for allocation of the tax credits and HFA +commissioner
notice to the commissioner of revenue relating to the identity of the+ taxpayer;
limiting the credit and the total credit allocation and authorizing
carryforward; requiring an HFA commissioner report to the legislature+ by a
certain date on the effectiveness of the credit, specifying certain +report
content requirements (ra)