Taxes

EIGHTH MEETING

2023-2024 Regular Session - Wednesday, January 25, 2023

STATE OF MINNESOTA
HOUSE OF REPRESENTATIVE EIGHTH MEETING
NINETY-THIRD SESSION

TAXES MINUTES

Representative Aisha Gomez, Chair of the Committee on Taxes, called the meeting to order at 1:01 PM on January 25, 2023 in Room 5 of the State Office Building.

The Committee Legislative Assistant noted the roll.

Members present:
GOMEZ, Aisha, Chair
NORRIS, Matt, Vice Chair
DAVIDS, Greg, Minority Lead
AGBAJE, Esther
ANDERSON, Patti
BRAND, Jeff
ELKINS, Steve
HOWARD, Michael
JOY, Jim
KOZNICK, Jon
LEE, Liz
LISLEGARD, Dave
OLSON, Bjorn
OLSON, Liz
PINTO, Dave
ROBBINS, Kristin
SWEDZINSKI, Chris
WIENER, Mike
WITTE, Jeff
YOUAKIM, Cheryl

Members excused:
SMITH, Andy

A quorum was present.

Vice Chair Norris moved the minutes from January 24, 2023. THE MOTION PREVAILED.

HF 443 (Her) A bill for an act relating to taxation; individual income; increasing the maximum student loan credit; increasing the student loan credit income threshold; making the student
loan credit refundable; amending Minnesota Statutes 2022, section 290.0682, subdivision 2, by adding a subdivision.

Chair Gomez moved that HF 443 be laid over for possible inclusion in the Taxes Omnibus bill.

Representative Her presented HF 443.

Testifying on HF 443:
· Adam Thompson
· Johnathan Harms
· Jubilee Prosser, Volunteer, Young Adult Coalition
· Hunter Cantrell
· B. Rosas
· Marcelus Ifonlaja
· Rachel Haile, Executive Director of Program and Policy, Minnesota Youth Collective

Chair Gomez renewed the motion that HF 443 be laid over for possible inclusion in the Taxes Omnibus bill. THE MOTION PREVAILED.

HF 754 (Her) A bill for an act relating to taxation; individual income; establishing a subtraction for certain student loan discharges; amending Minnesota Statutes 2022, section 290.0132, subdivision 24.

Chair Gomez moved that HF 754 be laid over for possible inclusion in the Taxes Omnibus bill.

Representative Her presented HF 754.

Testifying on HF 754:
· Axel Kylander, Vice Chair, Students United

Chair Gomez renewed the motion that HF 754 be laid over for possible inclusion in the Taxes Omnibus bill. THE MOTION PREVAILED.

The meeting was adjourned at 2:07 PM.

____________________________________
Representative Aisha-Gomez, Chair

_____________________________________
Lauren Sabes, Committee Legislative Assistant

More Info On This Meeting..

Bills Added:

HF0443 (Her) - Individual income tax provisions modified, maximum student loan credit increased, student loan credit income threshold increased, and student loan credit made refundable.
HF0754 (Her) - Individual income tax provisions modified, and student loan discharge subtraction established.

Documents:

1) Taxes Agenda 1.25.23.pdf - 1/25/2023
2) 1.24.23 Taxes Seventh Meeting.pdf - 1/25/2023
3) HF0443 Bill Language.pdf - 1/25/2023
4) HF0443 House Research Summary.pdf - 1/25/2023
5) HF443 Revenue Estimate.pdf - 1/25/2023
6) HF754 Bill Language.pdf - 1/25/2023
7) HF754 House Research Summary.pdf - 1/25/2023
8) HF754 Revenue Estimate.pdf - 1/25/2023

Audio:
Listen Now

House TV Video:
View Archive

03:35 - HF443 (Her) Individual income tax provisions modified, maximum student loan credit increased, student loan credit income threshold increased, and student loan credit made refundable.
1:02:29 - HF754 (Her) Individual income tax provisions modified, and student loan discharge subtraction established.
Runs 1 hour, 7 minutes.

Show Full Schedule Agenda:

HF443 (Her) Individual income tax provisions modified, maximum student loan credit increased, student loan credit income threshold increased, and student loan credit made refundable.
HF754 (Her) Student Loan Conformity Permanency (NEW)

Additional items may be added to the agenda. Materials will be posted to the Committee website when they are available. Public testifiers should email their full name, organization (if applicable) and preferred title to the Committee Administrator (Patrick.McQuillan@house.mn.gov) by 5 PM on Tuesday, January 24th. Materials to be distributed to the Committee members are also due by 5 PM on Tuesday, January 24th. Please note: submitted written testimony is public and will be included in the official committee record. It may be posted to the committee webpage if received by deadline.

To learn more about requesting an accommodation, please visit the FAQs for Disability Access. If you have further questions on accommodations or accessibility, please contact the Committee Administrator.