Individual income tax conformed to federal exclusion from gross income for dependent care assistance programs.

Summary

The bill amends Minnesota Statutes to expand the definition of the Internal Revenue Code so it includes a federal law that broadens the exclusion of dependent‑care assistance from gross income. It also sets the amendment’s effective date to the day after final enactment, while any federal changes are applied retroactively as they were at the federal level. This ensures Minnesota taxpayers who receive dependent‑care assistance are taxed consistently with federal rules.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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