1.1.................... moves to amend H.F. No. 4385, the second engrossment, as follows:
1.2Page 18, delete section 29 and insert:

1.3    "Sec. 29. Minnesota Statutes 2016, section 290.06, is amended by adding a subdivision
1.4to read:
1.5    Subd. 1b. Reduced rate; qualified corporations. (a) Notwithstanding the provisions
1.6of subdivision 1, the following rates apply to a qualified corporation:
1.7(1) for taxable years beginning after December 31, 2017, and before January 1, 2020,
1.89.64 percent; and
1.9(2) for taxable years beginning after December 31, 2019, 9.1 percent.
1.10(b) For purposes of this subdivision, a "qualified corporation" means a corporation that
1.11increases the number of its Minnesota full-time equivalent employees in the taxable year
1.12over the number it employed in calendar year 2017 by the greater of:
1.13(1) five percent; or
1.14(2) five full-time equivalent employees.
1.15(c) To be a qualified corporation for purposes of this subdivision, the corporation must
1.16include with its tax return for the taxable year a certification, in a form and manner and with
1.17the documentation required by the commissioner, that it satisfied the requirements of
1.18paragraph (b) for the taxable year. For a corporation that is part of a unitary business, as
1.19defined in section 290.17, the requirements of this subdivision apply based on Minnesota
1.20employment of the entire unitary business and the certification for the unitary business must
1.21be filed with each tax return for the unitary business to qualify for the rate under this
1.23EFFECTIVE DATE.This section is effective for taxable years beginning after December
1.2431, 2017."
2.1Amend the title accordingly