ST. PAUL – The Minnesota House on Monday overwhelmingly passed legislation allowing state taxpayers to take advantage of numerous tax provisions already approved at the federal level.
State Rep. Ben Davis, R-Mission Township, said federal conformity is needed in Minnesota to ease filing and to help industries that were hardest hit from pandemic shutdowns – especially restaurant, hospitality, and entertainment industries.
“It was crucial for the House to approve this bill in a timely manner and make important changes in time for the upcoming tax season,” Davis said. “This is not a partisan issue - it’s about doing the right thing for Minnesotans - and I’m pleased to see we took action early in the session.”
Davis said at least seven federal bills have been passed into law since Minnesota last enacted legislation to match congressional changes. Tax year 2023 marks five years since our state tax code has been conformed, which Davis said is the longest the state has been out of conformity in decades. Under the bill, taxpayers have until Dec. 31 to file an amended return.
State officials indicate approving the bill (H.F. 31) by Jan. 13 allows tax software to be updated in time for the 2023 filing season. Language the House passed Monday specifies taxpayers have until Dec. 31 to file an amended return. With 132-0 passage in the House, the bill is now in the hands of the Senate and, pending that body’s approval, will be presented to the governor for enactment.
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