Introduction and first reading, referred to Taxes
Summary
The bill defines and authorizes nonprofit scholarship‑granting organizations that meet specific federal and state criteria, requires them to report compliance each year, and directs the Department of Education to post a list of eligible groups online. It also confirms Minnesota’s participation in a federal tax‑credit for scholarships and clarifies that the law does not increase oversight of private schools. The measure updates Minnesota’s definition of the Internal Revenue Code to include the relevant federal tax‑credit provision.
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