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HF 2339

Income threshold for child tax credit increased.

2025-2026 Regular Session Introduced by Patti Anderson and 19 co-sponsors

The bill expands Minnesota's child tax credit by raising the income threshold and/or increasing the credit, allowing more families with children to qualify.

Author added Hudson
#childrenandminors #taxation-income
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WeVote Research Nonpartisan
Bill Summary · HF 2339

Bill Summary – HF 2339 (Minnesota, 2025-2026)

Title

Income threshold for child tax credit increased.

Purpose and Intent

HF 2339 proposes to raise or adjust the income threshold(s) associated with Minnesota’s child tax credit (CTC). The bill is designed to expand access to the credit by allowing higher household income before the credit begins to phase out or by increasing the maximum credit amount or both. The overall aim appears to expand eligibility and/or benefits for more Minnesota families with children.

Key Provisions and Changes (as introduced)

  • Adjust the income threshold linked to the Minnesota child tax credit. The bill specifies a higher income limit under which families may claim the credit or a modified calculation structure that affects eligibility and benefit amounts.
  • Potential changes to the phase-in/phase-out ranges of the credit to ensure more families with modest incomes can receive relief.
  • Possible alignment or interaction with federal tax policies or other state-level supports, though the text provided focuses on the income threshold aspect.

Note: The available information emphasizes changes to the income threshold but does not provide exact numeric figures (dollar amounts, percentage changes, or phase-out ranges). The actual bill text would specify these details.

Who is Affected

  • Minnesota households with dependent children who are eligible for the state child tax credit.
  • Families near the current income threshold who might newly qualify or see increased credit amounts under the raised threshold.
  • Tax filers in Minnesota who prepare state income tax returns and claim the CTC.

Procedural and Timeline Aspects

  • Introduced and referred to the House Taxes Committee (as of the initial action history in March 2025).
  • Multiple sponsors listed, including a broad set of representatives and several co-sponsors, indicating bipartisan or cross-chamber interest at the outset.
  • The action history shows standard bill progression: introduction, first reading, referral to committee, and eventual committee hearings and votes would follow as the bill advances in the 2025-2026 session.
  • Specific dates in the action history reflect early-stage drafting and sponsorship additions (March–April 2025). No committee amendments or floor actions are provided in the excerpt.

Practical Considerations

  • If enacted, families previously above the threshold might become eligible, increasing state tax relief during filing season.
  • The fiscal impact would depend on the exact adjustment (new threshold, credit amount, or both) and would necessitate accompanying budget considerations in the state’s tax and revenue framework.
  • Implementation timing would align with the state's tax year and filing deadlines; often, such changes take effect for the current tax year if enacted promptly, or the following year if required by administrative changes.

If you’d like, I can pull the exact numerical changes (threshold amounts, phase-out ranges, and credit amounts) from the full bill text and provide a version with concrete figures.

Compiled from official sources — confirm details with the bill’s official record.

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