The following House Files were introduced:
Rosenthal, Obermueller, Sterner, Bunn, Dittrich, Ruud, Scalze, Gardner, Davnie, Kelly, Zellers and Mahoney introduced:
H. F. 2318, A bill for an act relating to taxation; allowing the research credit against the individual income tax; increasing the credit rate; amending Minnesota Statutes 2008, section 290.068, subdivisions 1, 3, 4.
The bill was read for the first time and referred to the Committee on Taxes.
Hornstein introduced:
H. F. 2319, A bill for an act relating to taxation; individual income and corporate franchise tax; clarifying the treatment of certain built-in losses of certain banks with an ownership change; amending Minnesota Statutes 2008, section 290.01, subdivisions 19c, 19d; proposing coding for new law in Minnesota Statutes, chapter 290.
The bill was read for the first time and referred to the Committee on Taxes.
Westrom and Anderson, P. introduced:
H. F. 2320, A bill for an act relating to arts and cultural heritage; appropriating money for the Kensington Area Heritage Society.
The bill was read for the first time and referred to the Committee on Finance.
Knuth introduced:
H. F. 2321, A bill for an act relating to taxation; property; exempting certain publicly owned railroad property; amending Minnesota Statutes 2008, section 272.02, by adding a subdivision.
The bill was read for the first time and referred to the Committee on Taxes.
Rukavina introduced:
H. F. 2322, A bill for an act relating to economic development; creating the Minnesota Venture Network Board to provide tax credits to stimulate venture capital investment in Minnesota; creating the Minnesota capital fund to facilitate investments in venture funds; creating the Minnesota venture network trust as a public trust to utilize net profits of the Minnesota capital fund; providing a contingent tax credit for investment commitment in the Minnesota capital fund; amending Minnesota Statutes 2008, section 290.06, by adding a subdivision; proposing coding for new law in Minnesota Statutes, chapter 297I; proposing coding for new law as Minnesota Statutes, chapter 116W.
The bill was read for the first time and referred to the Committee on Finance.
Lenczewski introduced:
H. F. 2323, A bill for an act relating to taxation; income and corporate franchise; providing a federal update; amending Minnesota Statutes 2008, sections 289A.02, subdivision 7, as amended; 290.01, subdivisions 19, as amended, 19a, as amended, 19b, 19c, as amended, 19d, as amended, 31, as amended; 290.06, subdivision 2c; 290.067, subdivision 2a, as amended; 290.091, subdivision 2; 290.095, subdivision 11; 290.9727, by adding a subdivision; 290A.03, subdivisions 3, as amended, 15, as amended; 291.005, subdivision 1, as amended.
The bill was read for the first time and referred to the Committee on Taxes.