Individual income and property tax refund provisions modified, subtraction allowed for all federally taxable Social Security income, first tier income tax rate reduced, and homestead credit state refunds increased.
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All federally taxed Social Security income tax subtraction authorization; first tier income tax rate reduction; homestead credit state refunds increase
Tax refunds; tip income tax subtraction provided, Minnesota child tax credit expanded, onetime expansion of property tax refunds provided, and new fifth tier individual income tax rate established.