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Capital IconMinnesota Legislature

Legislative Session number- 84

Bill Name: SF1671

Providing a corporate and individual 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)