Credit provision for contributions to women's pregnancy centers

This bill creates a state tax credit for Minnesota taxpayers who donate money to women's pregnancy centers, which are defined as organizations that provide support to help pregnant women carry their pregnancies to term. The credit allows individuals and businesses to reduce their income, corporate franchise, or insurance premiums taxes by up to $50,000 for each year they make qualifying contributions, with any unused amount carried forward to the next year. To prevent double benefits, the law prohibits claiming this credit if the taxpayer has already used a specific itemized deduction or subtraction for the same donation, and it requires the state commissioner to maintain a list of eligible centers. The policy is set to take effect for taxable years beginning after December 31, 2025.