Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF4958: Tax reduction authority modifications
Status: In committee, April 13, 2026
What the bill says
A bill for an act relating to taxation; economic development; modifying tax reduction authority; removing restrictions; amending Minnesota Statutes 2024, sections 469.171, subdivisions 1, 4, 6a; 469.1731, subdivision 1.
From the introduced text, March 26, 2026:
A bill for an act relating to taxation; economic development; modifying tax reduction authority; removing restrictions; amending Minnesota Statutes 2024, sections 469.171, subdivisions 1, 4, 6a; 469.1731, subdivision 1. Section 1. Minnesota Statutes 2024, section 469.171, subdivision 1, is amended to read: Subdivision 1. Authorized types. (a) The following types of tax reductions may be approved by the commissioner for businesses located in a border city enterprise zone, after the governing body of the border city has designated an area or areas, deleted text begin each consisting of at least 100 acres, of the city not in excess of a total of 400 acresdeleted text end in which the tax reductions may be provided: (1) an exemption from the general sales tax imposed by chapter 297A for purchases of construction materials or equipment for use in the zone if the purchase was made after the date of application for the zone; (2) a credit against the income tax of an employer for additional workers employed in the zone, other than workers employed in construction, up to a maximum of deleted text begin $3,000deleted text end new text begin [ADDED: $5,000] new text end per employee per year; (3) an income tax credit for a percentage of the cost of debt financing to construct new or expanded facilities in the zone; …
Sponsors
- Mark Johnson (R) · primary sponsor
- Rob Kupec (D)
Latest actions
- : Author added Kupec
- : Referred to Taxes
- : Introduction and first reading
Common questions
- What is SF4958?
- SF4958 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Tax reduction authority modifications.
- What does SF4958 do?
- In its own words: A bill for an act relating to taxation; economic development; modifying tax reduction authority; removing restrictions; amending Minnesota Statutes 2024, sections 469.171, subdivisions 1, 4, 6a; 469.1731, subdivision 1.
- What is the status of SF4958?
- In committee as of April 13, 2026. Latest action: Author added Kupec (April 13, 2026).
- Who sponsored SF4958?
- Mark Johnson (R), with 1 co-sponsor.
- Where is the official record for SF4958?
- On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=SF4958&y=2025&ssn=0&b=senate
Source: official Minnesota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.