1.1                          A bill for an act 
  1.2             relating to taxation; income; providing a credit for 
  1.3             qualified charitable contributions; proposing coding 
  1.4             for new law in Minnesota Statutes, chapter 290. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [290.0672] [CHARITABLE CONTRIBUTIONS CREDIT.] 
  1.7      Subdivision 1.  [CREDIT ALLOWED.] An individual is allowed 
  1.8   a credit against the tax imposed by this chapter for qualified 
  1.9   charitable contributions.  The maximum credit allowed in a tax 
  1.10  year is $125.  For purposes of this section, "qualified 
  1.11  charitable contributions" means contributions allowed as 
  1.12  deductions under section 170(c) of the Internal Revenue Code, 
  1.13  but only to the extent those contributions are to organizations 
  1.14  that are organized and operated primarily for the benefit of 
  1.15  persons with household incomes below the federal poverty level.  
  1.16     Sec. 2.  [EFFECTIVE DATE.] 
  1.17     Section 1 is effective for tax years beginning after 
  1.18  December 31, 1996.