The bill proposes an appropriation of $10,000,000 from the general fund for the fiscal year 2026 to support an expanded corporate tax compliance initiative in Minnesota. This funding is designated for the commissioner of revenue to develop and implement a program aimed at enhancing tax compliance and enforcement activities related to the corporate franchise tax. The initiative will focus on identifying and collecting tax liabilities from corporations that fail to accurately report taxable income or pay all taxes owed, particularly targeting those with $25,000,000 or more in Minnesota sales or gross receipts for a taxable year.

Additionally, the bill stipulates that the appropriated funds must supplement existing resources for tax compliance and enforcement, ensuring that they do not replace other available funding. The initiative is intended to improve the overall effectiveness of tax compliance efforts within the state, thereby increasing revenue from corporate taxes.