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 new eligible expenses for qualifying children in these programs, including transportation costs related to participation outside regular school hours, participation fees for required student organizations, and necessary equipment not covered under existing provisions.

Additionally, the bill clarifies and modifies existing definitions and eligible expenses, such as instructional fees, textbook costs, and transportation expenses for qualifying children attending schools in neighboring states. The effective date for these changes is set 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 expenses can be claimed under the Minnesota education credit.

Statutes affected:
Introduction: 290.0674