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Haiti tax relief bill passes Minn. House

by taxnick on March 1, 2010

A tax break meant to spur donations to Haitian earthquake relief has received unanimous approval from the Minnesota House.

It should reach Gov. Tim Pawlenty’s desk sometime this week. The Senate needs to take one more vote to line up two slightly different versions.

The bill would allow donors to deduct charitable contributions from their 2009 state income taxes. It would apply to donations made specifically for Haiti relief efforts.

Corporations could also deduct Haiti donations from corporate franchise taxes.

The legislation would match up state and federal tax law.

Source

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