Health facility parking income tax subtraction establishment provision

This bill (SF 1603) allows Minnesota taxpayers to subtract eligible health facility parking costs from their state income tax. It applies to cash payments over $100 per year for parking at qualifying facilities (hospitals, clinics, birth centers, etc.) for: (1) the taxpayer receiving care, (2) visitors for an eligible family member receiving care, or (3) employees working at the facility. The subtraction excludes expenses already deducted elsewhere, like medical expenses or health savings account reimbursements. It takes effect for tax years beginning after December 31, 2024.