This bill amends Minnesota Statutes 2024, section 290.0685, to modify the stillbirth credit available to eligible individuals. The credit is set at $2,000 for each stillbirth, which is defined as a birth for which a fetal death report would be required if the birth occurred in Minnesota. The eligibility criteria for claiming this credit have been clarified, specifying that it applies to residents and certain nonresident spouses of military members, as well as individuals who gave birth resulting in stillbirth. The bill also introduces a new subdivision that provides definitions for key terms related to the stillbirth credit.

Additionally, the bill allows for retroactive application of these changes for taxable years beginning after December 31, 2015, and establishes a deadline for filing claims for refunds related to the amended credit until January 1, 2026. This provision ensures that individuals who may have been eligible for the credit in previous years can still receive the benefits. Overall, the bill aims to provide clearer guidelines and support for families affected by stillbirth.

Statutes affected:
Introduction: 290.0685