MN HF5055

Individual income, corporate franchise, sales and use, and gross receipts taxes and other various taxes and tax-related provisions modified; federal conformity provided; sustainable aviation fuel credit modified; firearms gross receipts tax imposed; social media tax imposed; and money appropriated.

Introduced House Aisha Gomez (D)
Plain English Summary

Minnesota House Bill 5055, introduced on April 22, 2026, proposes several changes to the state's tax system. It aims to align Minnesota's tax laws with federal standards, modify the sustainable aviation fuel credit, and impose new taxes on firearms sales and social media platforms. Additionally, the bill includes appropriations for various purposes. ([legiscan.com](https://legiscan.com/MN/bill/HF5055/2025?utm_source=openai))

Supporters Say

The bill's introduction has been noted in legislative tracking services, indicating bipartisan sponsorship and referral to the House Rules and Legislative Administration Committee. ([legiscan.com](https://legiscan.com/MN/bill/HF5055/2025?utm_source=openai)) However, no specific media coverage or public reactions have been identified at this time.

Critics Say

While the bill has been introduced and referred to the appropriate committee, there is no available media coverage or public commentary on its provisions or potential impact.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Minnesota Legislature. Conflict-of-interest analysis for this bill is coming soon.