Certain family child care providers income subtraction provision

This bill creates a tax deduction for licensed family child care providers in Minnesota. It allows them to subtract their business income from their taxable income when filing state taxes, directly benefiting providers operating under Minnesota's licensing rules (chapters 142B and 9502 of Minnesota Rules). The key provision adds "Family child care provider income" as a specific subtraction in the state tax code, reducing taxable income for qualifying providers. This change takes effect for tax years beginning after December 31, 2024.