Bill Text: MN HF1085 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Temporary income tax surtax imposed.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-03-04 - Introduction and first reading, referred to Taxes [HF1085 Detail]
Download: Minnesota-2013-HF1085-Introduced.html
1.2relating to taxation; individual income; imposing a temporary income tax surtax;
1.3amending Minnesota Statutes 2012, section 290.06, by adding a subdivision.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. Minnesota Statutes 2012, section 290.06, is amended by adding a
1.6subdivision to read:
1.7 Subd. 2g. Income tax surtax. In addition to the tax computed under subdivision
1.82c and section 290.091, for taxable years beginning after December 31, 2012, but before
1.9January 1, 2016, there is a surtax imposed on individuals, estates, and trusts. The surtax
1.10equals five percent of the tax computed under subdivision 2c and section 290.901.
1.11EFFECTIVE DATE.This section is effective for taxable years beginning after
1.12December 31, 2012.
1.3amending Minnesota Statutes 2012, section 290.06, by adding a subdivision.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. Minnesota Statutes 2012, section 290.06, is amended by adding a
1.6subdivision to read:
1.7 Subd. 2g. Income tax surtax. In addition to the tax computed under subdivision
1.82c and section 290.091, for taxable years beginning after December 31, 2012, but before
1.9January 1, 2016, there is a surtax imposed on individuals, estates, and trusts. The surtax
1.10equals five percent of the tax computed under subdivision 2c and section 290.901.
1.11EFFECTIVE DATE.This section is effective for taxable years beginning after
1.12December 31, 2012.
