Private letter ruling program established, and reports required.

HF 912 establishes a formal program allowing Minnesota taxpayers (businesses or individuals) to request written guidance from the Department of Revenue about how state tax law applies to their specific transactions or arrangements. The program requires the department to issue binding rulings if taxpayers provide full disclosure and circumstances remain unchanged, with application fees based on complexity. All rulings must be published publicly on the department's website (with taxpayer identifiers removed) in a searchable format. The department must also submit annual reports to the legislature detailing application volumes, fees, and usage patterns, starting in 2028.