Minnesota HF3993: Amount excluded from the Minnesota taxable estate increased, and conforming changes made.

What the bill says

A bill for an act relating to taxation; estate; increasing the amount excluded from the Minnesota taxable estate; making conforming changes; amending Minnesota Statutes 2024, sections 289A.10, subdivision 1; 291.016, subdivision 3; 291.03, subdivision 1.

From the introduced text, March 5, 2026:

A bill for an act relating to taxation; estate; increasing the amount excluded from the Minnesota taxable estate; making conforming changes; amending Minnesota Statutes 2024, sections 289A.10, subdivision 1; 291.016, subdivision 3; 291.03, subdivision 1. Section 1. Minnesota Statutes 2024, section 289A.10, subdivision 1, is amended to read: Subdivision 1. Return required. new text begin [ADDED: (a) ] new text end In the case of a decedent who has an interest in property with a situs in Minnesota, the personal representative must submit a Minnesota estate tax return to the commissioner, on a form prescribed by the commissioner, or (2) the sum of the federal gross estate and federal adjusted taxable gifts, as defined in section 2001(b) of the Internal Revenue Code, made within three years of the date of the decedent's death exceeds deleted text begin $1,200,000 for estates of decedents dying in 2014; $1,400,000 for estates of decedents dying in 2015; $1,600,000 for estates of decedents dying in 2016; $2,100,000 for estates of decedents dying in 2017; $2,400,000 for estates of decedents dying in 2018; $2,700,000 for estates of decedents dying in 2019; and $3,000,000 for estates of decedents dying in 2020 and thereafterdeleted text end new text begin [ADDED: $4,000,000] new text end . new text begin [ADDED: (b) ] new text end The return must contain …

Read the full official text

Sponsors

• Paul Torkelson (R) · primary sponsor
• Ben Bakeberg (R)

Latest actions

1. March 23, 2026: Author added Bakeberg
2. March 5, 2026: Introduction and first reading, referred to Taxes

Common questions

What is HF3993?

HF3993 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Amount excluded from the Minnesota taxable estate increased, and conforming changes made.

What does HF3993 do?

In its own words: A bill for an act relating to taxation; estate; increasing the amount excluded from the Minnesota taxable estate; making conforming changes; amending Minnesota Statutes 2024, sections 289A.10, subdivision 1; 291.016, subdivision 3; 291.03, subdivision 1.

What is the status of HF3993?

In committee as of March 23, 2026. Latest action: Author added Bakeberg (March 23, 2026).

Who sponsored HF3993?

Paul Torkelson (R), with 1 co-sponsor.

Where is the official record for HF3993?

On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=HF3993&y=2025&ssn=0&b=house