Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF5275: Minnesota child credit amount increase
Status: In committee, May 11, 2026
What the bill says
A bill for an act relating to taxation; individual income; increasing the amount of the Minnesota child credit; amending Minnesota Statutes 2024, section 290.0661, subdivisions 3, 7.
From the introduced text, May 8, 2026:
A bill for an act relating to taxation; individual income; increasing the amount of the Minnesota child credit; amending Minnesota Statutes 2024, section 290.0661, subdivisions 3, 7. Section 1. Minnesota Statutes 2024, section 290.0661, subdivision 3, is amended to read: Subd. 3. Credit amount. The credit under this section equals deleted text begin $1,750deleted text end new text begin [ADDED: $2,000] new text end per qualifying child. new text begin [ADDED: EFFECTIVE DATE.] new text end new text begin [ADDED: This section is effective for taxable years after December 31, 2025.] new text end Sec. 2. Minnesota Statutes 2024, section 290.0661, subdivision 7, is amended to read: Subd. 7. Inflation adjustment. (a) For taxable years beginning after December 31, deleted text begin 2025deleted text end new text begin [ADDED: 2026] new text end , the commissioner of revenue must annually adjust for inflation the credit amount in subdivision 3 as provided in section 270C.22. The adjusted amounts must be rounded to the nearest $60. The statutory year is taxable year deleted text begin 2025deleted text end new text begin [ADDED: 2026] new text end . (b) For taxable years beginning after December 31, 2023, the commissioner of revenue must annually adjust for inflation the phaseout thresholds in subdivision 4, as provided in section 270C.22. The statutory year is taxable year …
Sponsors
- Liz Boldon (D) · primary sponsor
Latest actions
- : Referred to Taxes
- : Introduction and first reading
Common questions
- What is SF5275?
- SF5275 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Minnesota child credit amount increase.
- What does SF5275 do?
- In its own words: A bill for an act relating to taxation; individual income; increasing the amount of the Minnesota child credit; amending Minnesota Statutes 2024, section 290.0661, subdivisions 3, 7.
- What is the status of SF5275?
- In committee as of May 11, 2026. Latest action: Referred to Taxes (May 11, 2026).
- Who sponsored SF5275?
- Liz Boldon (D).
- Where is the official record for SF5275?
- On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=SF5275&y=2025&ssn=0&b=senate
Source: official Minnesota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.