Maddy summaryHF 1533 amends Minnesota's corporate franchise tax laws to treat certain foreign corporations operating in Minnesota as "unitary" businesses. It directly affects foreign corporations that meet the new definition of a "tax haven" (e.g., jurisdictions with opaque tax regimes, preferential treatment for foreign entities, or favorable tax avoidance structures). The bill adds definitions for "tax haven" and requires corporations with significant business in such jurisdictions to have their worldwide income apportioned and taxed under Minnesota's unitary tax rules, rather than just income generated within the state. Key provisions include aligning Minnesota tax deductions with federal "Global intangible low-taxed income" (section 951A) and "Subpart F income" rules. The changes take effect for taxable years beginning after December 31, 2025.
Rep. Alex Falconer
Sponsored bills
Maddy summaryHF 1586 appropriates $800,000 from Minnesota's arts and cultural heritage fund for a commemorative project honoring Gordon Parks. The bill directs the Minnesota Humanities Center, working with Soul Touch Productions, to create an art installation and related programming celebrating Parks' life and legacy. This funding specifically supports cultural programming focused on Parks' contributions as a photographer, filmmaker, and civil rights advocate. The bill does not create new policy but allocates existing state funds for a specific cultural initiative.
Maddy summaryHF 1212 requires Minnesota's Secretary of State to update election rules by January 1, 2026, to accept a medical bill as valid proof of residence on election day. This change directly affects voters who may not have traditional address documents like utility bills but can show a medical bill with their current address. The bill amends specific election rules to allow this alternative proof method, streamlining voter registration for those with address-related challenges. It authorizes the Secretary of State to make this rule change using existing rulemaking procedures. The policy change takes effect immediately after the bill is signed into law.
Maddy summaryHF 1013 appropriates $5 million from Minnesota's renewable development account for the Minnesota Energy Alley initiative, administered by Clean Energy Economy Minnesota. The funds are a one-time allocation to support energy sector growth through seed funding for businesses, workforce training programs, and recruiting entrepreneurs to Minnesota. The bill also directs the initiative to seek additional federal and private funding to create a long-term revenue model. This funding directly affects energy businesses and economic development efforts within the state.
Maddy summaryHF 1041 imposes an additional tax on Minnesota corporations with high executive-to-median-worker pay ratios, ranging from 0.2% to 1.5% based on the ratio tier (e.g., 0.2% for 50:1 to 100:1 ratios). It directly affects corporations meeting specific pay ratio thresholds, using the federal disclosure standard (17 CFR § 229.402(u)(1)(iii)) to calculate the ratio. The bill also disqualifies these corporations from receiving state grants or subsidies, as specified in amended Minnesota Statutes sections 16B.981 and 290.06. The tax applies to taxable years beginning after December 31, 2025, with disqualification effective January 1, 2026.
Maddy summaryHF 488 requires all Minnesota health plans to cover medically necessary dental procedures directly caused by cancer treatments like chemotherapy, biotherapy, or radiation. This includes related evaluations, exams, lab tests, medications, and treatments. The law applies to health plans defined under Minnesota Statutes, ensuring coverage for dental care resulting from cancer therapy, not general dental needs. It takes effect after enactment for new or renewed insurance contracts.
Maddy summaryHF 1211 appropriates $5 million from the general fund for fiscal year 2026 to fund road improvements in Eden Prairie, specifically for designing and preparing an interchange at the intersection of Trunk Highway 5 and Hennepin County State-Aid Highway 4. The funds cover preliminary and final design work, environmental analysis, and acquiring land and utility rights for the project. This one-time appropriation is available until June 30, 2030, and can be used by the city of Eden Prairie, Hennepin County, or the Minnesota Department of Transportation. The bill directly affects infrastructure planning and construction for this specific interchange location.
Maddy summaryHF 995 appropriates $100,000 from Minnesota's general fund for the predesign and site development of an aviation museum and education center. The funds will be granted to the Minnesota Historical Society to support Wings of the North, the organization leading the project. The museum is planned for the campus of Flying Cloud Airport in Eden Prairie. This appropriation is available until the project is completed or abandoned, per state law.
Maddy summaryHF 720 appropriates $15 million from state bond proceeds to fund the Opus Public Space project in Minnetonka. The bill directs the state to provide a grant to Minnetonka for acquiring property, designing, constructing, and equipping a public gathering space with a plaza, parking, trails, and visitor infrastructure near the Southwest Light Rail Transit Opus station. It authorizes the state to issue up to $15 million in bonds to cover this funding, following Minnesota’s bond sale procedures. The project is separate from a prior 2023 appropriation for the same purpose.
Maddy summaryHF 721 appropriates $15 million from state bonds to fund improvements at The Marsh in Minnetonka. The city of Minnetonka will receive this grant to acquire property and renovate the facility, including ADA accessibility upgrades, energy-efficient systems, safety features, structural repairs, and environmental enhancements. The funds will cover both interior renovations and exterior natural resource improvements. This bill authorizes the state to issue bonds to cover the cost, directly affecting Minnetonka residents and users of The Marsh facility.