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 specifically targets corporations that report $25,000,000 or more in sales or gross receipts in Minnesota, focusing on those that may not accurately report taxable income or fulfill their tax obligations.

Additionally, the bill includes a provision that the appropriated funds must supplement existing resources rather than replace them, ensuring that the initiative is adequately funded without detracting from other available financial resources for tax compliance efforts. The funding will remain available until July 1, 2029, allowing for a sustained effort in improving corporate tax compliance in the state.