The 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 specific education-related expenses that can be claimed for qualifying children in these programs, such as transportation costs outside regular school hours, participation fees for required student organizations, and necessary equipment not covered under existing provisions.

Additionally, the bill clarifies the types of expenses that are eligible for the education credit, including instructional fees, textbook costs, and personal computer hardware expenses. 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 families with children in career and technical education by broadening the scope of qualifying expenses.

Statutes affected:
Introduction: 290.0674