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SF 5052·MN·senate

Omnibus Tax Bill

Reported by CommitteeFiled Apr 9, 2026
Sponsor: Rest
Latest Action

Second reading

May 4, 2026

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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