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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

State or TerritoryMinnesota
Effected JurisdictionMinnesota
Jurisdiction type: State or Territory
Fiscal year ending In2023
Program nameHistoric Structure Rehabilitation Credit
Program purpose: General Economic Development
Statutory authority: Minnesota Statutes 290.0681
Abating jurisdiction(s): State of Minnesota
Applicable taxesIncome Tax
Method of abatement: Tax Credit
Provisions for recapture: (not specified)
Gross revenue loss: $570,000
Reimbursement / offset: $0
Net revenue loss: $570,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://mn.gov/mmb/assets/2023%20-%20ACFR%20Final%20accessible_tcm1059-6...