Expanded corporate tax compliance initiative funding provided, and money appropriated.

HF 2729 appropriates $10 million from Minnesota's general fund for fiscal year 2026 to expand the state's corporate tax compliance program. The funding supports efforts to identify and collect unpaid taxes from corporations that underreport income or fail to pay all owed taxes, with priority given to businesses reporting $25 million or more in Minnesota sales or receipts annually. The initiative, managed by the commissioner of revenue, must supplement existing enforcement resources and remains active until July 1, 2029. This bill directly affects large Minnesota-based corporations with significant revenue, aiming to improve tax collection accuracy.