This bill authorizes the commissioner of revenue in Minnesota to implement a tax compliance program that utilizes advanced tax analytics and business intelligence tools. The program aims to enhance tax assessment and collection by improving the identification of taxpayers who should be audited and prioritizing collection activities to achieve a higher return on investment for the Department of Revenue. The commissioner is also empowered to enter into necessary contracts to obtain or create these tools, ensuring compliance with existing state statutes.

Additionally, the bill appropriates $5,000,000 from the general fund for fiscal year 2027 to support the tax compliance program. This funding is intended to supplement, rather than replace, other available resources for tax compliance and analytics initiatives. The program will focus on compliance and enforcement activities for corporations, complex pass-through entities, high-income individual taxpayers, and businesses subject to sales and use tax laws.