Department of Revenue making available certain corporate franchise tax information requirement provision

This bill requires Minnesota's Department of Revenue to publicly post certain corporate franchise tax information on its website within one month after the third calendar year following a corporation's taxable year. It specifically applies to corporations with $250 million or more in annual gross sales or receipts, making available their franchise tax returns, calculation forms, and corporate identity for state tax purposes. The disclosure does not include federal tax information. The requirement becomes effective for data needed after December 31, 2025. This affects large corporations operating in Minnesota by increasing transparency around their state tax filings.