Tax on certain credit card interest income imposed.
A new tax would impose a 100% levy on Minnesota-sourced credit card interest income that exceeds a 10% APR, starting with 2027 tax years.
A new tax would impose a 100% levy on Minnesota-sourced credit card interest income that exceeds a 10% APR, starting with 2027 tax years.
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The official bill text and any amendments will be posted here once available.