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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
0
Feb 10, 2025
Introduced
Introduction and first reading, referred to Taxes
lower
1 primary · 9 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Emma Greenman
DDemocratic-Farmer-Labor
Co
Aisha Gomez
DDemocratic-Farmer-Labor
Co
Andy Smith
DDemocratic-Farmer-Labor
Co
Brion Curran
DDemocratic-Farmer-Labor
Co
Esther Agbaje
DDemocratic-Farmer-Labor
Co
Fue Lee
DDemocratic-Farmer-Labor
Co
Jay Xiong
DDemocratic-Farmer-Labor
Co
Kristi Pursell
DDemocratic-Farmer-Labor
Co
Liish Kozlowski
DDemocratic-Farmer-Labor
Co
Mike Howard
DDemocratic-Farmer-Labor
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