Second reading
Summary
The bill updates Minnesota’s tax code across a wide range of areas, including income, corporate, property, sales, excise and local taxes. It adds new taxes on social media services, a health‑care levy in Hennepin County, and on amounts obtained through fraud, while also aligning state definitions with recent federal tax law changes. The changes affect individuals, businesses, local governments and specific industries such as mining and real‑estate investment trusts.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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