HF 162 Minnesota House · 2025-2026 Regular Session

Department of Revenue required to make certain corporate franchise tax information available on a website.

HF 162 requires Minnesota's Department of Revenue to post specific corporate franchise tax information online within one month after the third calendar year following a corporation's taxable year. It directly affects large Minnesota corporations with $250 million or more in annual gross sales or receipts, including those in unitary business groups. The bill mandates posting the corporation's franchise tax return, related calculation forms, and state tax identity, while explicitly excluding federal tax information. This rule applies to data for calendar years beginning after December 31, 2025.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2025 Last action Mar 26, 2026
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Feb 10, 2025
Introduced
Introduction and first reading, referred to Taxes
lower
1 primary · 9 co-sponsors

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