This bill amends Minnesota Statutes 2024, section 290.0674, subdivision 1a, to expand the eligible expenses for the Minnesota education credit, particularly for students participating in career and technical education programs. A new definition for "career and technical education program" is introduced, which outlines the criteria for such programs, including the provision of technical skill proficiency and industry-recognized credentials. The bill also adds new eligible expenses for qualifying children in these programs, including transportation costs related to participation outside regular school hours, as well as expenses for participation in required student organizations and necessary equipment not covered under existing provisions.

Additionally, the bill clarifies and modifies existing definitions and eligible expenses for the education credit, such as instructional fees, textbook expenses, and personal computer hardware. It removes certain language regarding transportation expenses and specifies that the new provisions will take effect for taxable years beginning after December 31, 2024. Overall, the bill aims to enhance support for students engaged in career and technical education by broadening the scope of what qualifies for the education credit.

Statutes affected:
Introduction: 290.0674