Minnesota legislation · 94th Legislature 2025-2026
Minnesota HF5040: Tax on certain individuals and organizations convicted of and benefiting from fraud established.
Status: In committee, April 20, 2026
What the bill says
A bill for an act relating to taxation; establishing a tax on certain individuals and organizations convicted of and benefiting from fraud; proposing coding for new law in Minnesota Statutes, chapter 295.
From the introduced text, April 20, 2026:
A bill for an act relating to taxation; establishing a tax on certain individuals and organizations convicted of and benefiting from fraud; proposing coding for new law in Minnesota Statutes, chapter 295. Section 1. new text begin [ADDED: [295.90] TAX ON AMOUNTS OBTAINED THROUGH FRAUD.] new text end new text begin [ADDED: Subdivision 1.] new text end new text begin [ADDED: Definitions.] new text end new text begin [ADDED: (a) For purposes of this section, the following terms have the meanings given.] new text end new text begin [ADDED: (b) "Commissioner" means the commissioner of revenue.] new text end new text begin [ADDED: (c) "Fraud" means the intentional use of deceit or dishonest means of obtaining state money from a state program or appropriation, excluding refunds for overpayment of taxes, without regard to whether a conviction resulted.] new text end new text begin [ADDED: Subd. 2.] new text end new text begin [ADDED: Tax imposed.] new text end new text begin [ADDED: (a) A tax equal to 100 percent is imposed on the amount obtained by fraud:] new text end new text begin [] new text end new text begin [] new text end new text begin [ and] new text end new text begin [ADDED: (4) by any individual or organization that receives compensation from an individual or organization …
Sponsors
- Anderson, P. E. (R) · primary sponsor
- Lee, Xp (D, 34B)
- Leon Lillie (D)
- Liz Reyer (D)
- Dan Wolgamott (D)
- Roger Skraba (R)
- Peggy Scott (R)
- Jeff Backer (R)
- John Burkel (R)
- Peggy Bennett (R)
- Heintzeman, Josh (R, 06B)
- Tom Sexton (R, 19B)
Latest actions
- : Introduction and first reading, referred to Taxes
Common questions
- What is HF5040?
- HF5040 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Tax on certain individuals and organizations convicted of and benefiting from fraud established.
- What does HF5040 do?
- In its own words: A bill for an act relating to taxation; establishing a tax on certain individuals and organizations convicted of and benefiting from fraud; proposing coding for new law in Minnesota Statutes, chapter 295.
- What is the status of HF5040?
- In committee as of April 20, 2026. Latest action: Introduction and first reading, referred to Taxes (April 20, 2026).
- Who sponsored HF5040?
- Anderson, P. E. (R), with 11 co-sponsors.
- Where is the official record for HF5040?
- On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=HF5040&y=2025&ssn=0&b=house
Source: official Minnesota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.