MNCPA Legislative Activities
About MNCPA Government Relations
The MNCPA works to promote positive change at the Legislature on behalf of the CPA profession and business community. Your expertise helps lawmakers understand and support professional issues. Use this resource to help keep track of changes, contact legislators and be an active grassroots volunteer.
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Minnesota special session tax bill introduced
Updated June 15, 2021
The much-anticipated tax bill (HF 9 / SF 26) has been introduced, and legislators are expected to debate it late this week or early next week.
Highlights include:
- Full conformity for PPP loan forgiveness.
- Full conformity for unemployment compensation income.
- Exclusion of EIDL grants for tax year 2020.
- Exclusion of SBA loan assistance for tax year 2020.
- Conformity to partnership audit adjustment requirements.
Additional information:
Legislative Digest Live Update: April 30, 2021
Legislative Digest Live Update: April 30, 2021 from Minnesota Society of CPAs on Vimeo.
Our next live legislative update will take place shortly after a tax bill passes in special session
Please watch your email for the finalized date.
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Your connection to government relations
Geno Fragnito, director of government relations, is the MNCPA's registered lobbyist working full time on behalf of the membership.