Expanded corporate tax compliance initiative appropriation

SF 3390 appropriates $10 million from the general fund for fiscal year 2026 to fund an expanded corporate tax compliance initiative by the Minnesota Department of Revenue. The initiative targets corporations with $25 million or more in Minnesota sales or gross receipts that may not be accurately reporting income or paying all owed taxes. It focuses on enhancing enforcement activities to identify and collect unpaid corporate franchise taxes, with funds available until July 1, 2029. This is a funding measure, not a new tax policy, and must supplement existing resources without replacing them.