1.1.................... moves to amend H.F. No. 481, the delete everything amendment
1.2(A11-0139), as follows:
1.3Page 27, after line 10, insert:

1.4    "Sec. 4. Minnesota Statutes 2010, section 275.025, subdivision 1, is amended to read:
1.5    Subdivision 1. Levy amount. The state general levy is levied against
1.6commercial-industrial property and seasonal residential recreational property, as defined in
1.7this section. The state general levy base amount is $592,000,000 $711,700,000 for taxes
1.8payable in 2002 2012. For taxes payable in subsequent years, the levy base amount is
1.9increased each year by multiplying the levy base amount for the prior year by the sum
1.10of one plus the rate of increase, if any, in the implicit price deflator for government
1.11consumption expenditures and gross investment for state and local governments prepared
1.12by the Bureau of Economic Analysts of the United States Department of Commerce for
1.13the 12-month period ending March 31 of the year prior to the year the taxes are payable.
1.14The tax under this section is not treated as a local tax rate under section 469.177 and is not
1.15the levy of a governmental unit under chapters 276A and 473F.
1.16The commissioner shall increase or decrease the preliminary or final rate for a year
1.17as necessary to account for errors and tax base changes that affected a preliminary or final
1.18rate for either of the two preceding years. Adjustments are allowed to the extent that the
1.19necessary information is available to the commissioner at the time the rates for a year must
1.20be certified, and for the following reasons:
1.21(1) an erroneous report of taxable value by a local official;
1.22(2) an erroneous calculation by the commissioner; and
1.23(3) an increase or decrease in taxable value for commercial-industrial or seasonal
1.24residential recreational property reported on the abstracts of tax lists submitted under
1.25section 275.29 that was not reported on the abstracts of assessment submitted under
1.26section 270C.89 for the same year.
2.1The commissioner may, but need not, make adjustments if the total difference in the tax
2.2levied for the year would be less than $100,000.
2.3EFFECTIVE DATE.This section is effective for taxes payable in 2012 and
2.4thereafter."
2.5Page 48, after line 32, insert:


2.8    Section 1. Minnesota Statutes 2010, section 289A.08, subdivision 3, is amended to
2.9read:
2.10    Subd. 3. Corporations. (a) A corporation that is subject to the state's jurisdiction to
2.11tax under section 290.014, subdivision 5, must file a return, except that a foreign operating
2.12corporation as defined in section 290.01, subdivision 6b, is not required to file a return.
2.13(b) Members of a unitary business that are required to file a combined report on one
2.14return must designate a member of the unitary business to be responsible for tax matters,
2.15including the filing of returns, the payment of taxes, additions to tax, penalties, interest,
2.16or any other payment, and for the receipt of refunds of taxes or interest paid in excess of
2.17taxes lawfully due. The designated member must be a member of the unitary business that
2.18is filing the single combined report and either:
2.19(1) a corporation that is subject to the taxes imposed by chapter 290; or
2.20(2) a corporation that is not subject to the taxes imposed by chapter 290:
2.21(i) Such corporation consents by filing the return as a designated member under this
2.22clause to remit taxes, penalties, interest, or additions to tax due from the members of the
2.23unitary business subject to tax, and receive refunds or other payments on behalf of other
2.24members of the unitary business. The member designated under this clause is a "taxpayer"
2.25for the purposes of this chapter and chapter 270C, and is liable for any liability imposed
2.26on the unitary business under this chapter and chapter 290.
2.27(ii) If the state does not otherwise have the jurisdiction to tax the member designated
2.28under this clause, consenting to be the designated member does not create the jurisdiction
2.29to impose tax on the designated member, other than as described in item (i).
2.30(iii) The member designated under this clause must apply for a business tax account
2.31identification number.
2.32(c) The commissioner shall adopt rules for the filing of one return on behalf of the
2.33members of an affiliated group of corporations that are required to file a combined report.
2.34All members of an affiliated group that are required to file a combined report must file one
2.35return on behalf of the members of the group under rules adopted by the commissioner.
3.1(d) If a corporation claims on a return that it has paid tax in excess of the amount of
3.2taxes lawfully due, that corporation must include on that return information necessary for
3.3payment of the tax in excess of the amount lawfully due by electronic means.
3.4EFFECTIVE DATE.This section is effective for taxable years beginning after
3.5December 31, 2010.

3.6    Sec. 2. Minnesota Statutes 2010, section 290.01, subdivision 19c, is amended to read:
3.7    Subd. 19c. Corporations; additions to federal taxable income. For corporations,
3.8there shall be added to federal taxable income:
3.9    (1) the amount of any deduction taken for federal income tax purposes for income,
3.10excise, or franchise taxes based on net income or related minimum taxes, including but not
3.11limited to the tax imposed under section 290.0922, paid by the corporation to Minnesota,
3.12another state, a political subdivision of another state, the District of Columbia, or any
3.13foreign country or possession of the United States;
3.14    (2) interest not subject to federal tax upon obligations of: the United States, its
3.15possessions, its agencies, or its instrumentalities; the state of Minnesota or any other
3.16state, any of its political or governmental subdivisions, any of its municipalities, or any
3.17of its governmental agencies or instrumentalities; the District of Columbia; or Indian
3.18tribal governments;
3.19    (3) exempt-interest dividends received as defined in section 852(b)(5) of the Internal
3.20Revenue Code;
3.21    (4) the amount of any net operating loss deduction taken for federal income tax
3.22purposes under section 172 or 832(c)(10) of the Internal Revenue Code or operations loss
3.23deduction under section 810 of the Internal Revenue Code;
3.24    (5) the amount of any special deductions taken for federal income tax purposes
3.25under sections 241 to 247 and 965 of the Internal Revenue Code;
3.26    (6) losses from the business of mining, as defined in section 290.05, subdivision 1,
3.27clause (a), that are not subject to Minnesota income tax;
3.28    (7) the amount of any capital losses deducted for federal income tax purposes under
3.29sections 1211 and 1212 of the Internal Revenue Code;
3.30    (8) the exempt foreign trade income of a foreign sales corporation under sections
3.31921(a) and 291 of the Internal Revenue Code;
3.32    (9) the amount of percentage depletion deducted under sections 611 through 614 and
3.33291 of the Internal Revenue Code;
3.34    (10) for certified pollution control facilities placed in service in a taxable year
3.35beginning before December 31, 1986, and for which amortization deductions were elected
4.1under section 169 of the Internal Revenue Code of 1954, as amended through December
4.231, 1985, the amount of the amortization deduction allowed in computing federal taxable
4.3income for those facilities;
4.4    (11) for taxable years beginning before January 1, 2011, the amount of any deemed
4.5dividend from a foreign operating corporation determined pursuant to section 290.17,
4.6subdivision 4 , paragraph (g). The deemed dividend shall be reduced by the amount of the
4.7addition to income required by clauses (20), (21), (22), and (23);
4.8    (12) the amount of a partner's pro rata share of net income which does not flow
4.9through to the partner because the partnership elected to pay the tax on the income under
4.10section 6242(a)(2) of the Internal Revenue Code;
4.11    (13) the amount of net income excluded under section 114 of the Internal Revenue
4.12Code;
4.13    (14) any increase in subpart F income, as defined in section 952(a) of the Internal
4.14Revenue Code, for the taxable year when subpart F income is calculated without regard to
4.15the provisions of Division C, title III, section 303(b) of Public Law 110-343;
4.16    (15) 80 percent of the depreciation deduction allowed under section 168(k)(1)(A)
4.17and (k)(4)(A) of the Internal Revenue Code. For purposes of this clause, if the taxpayer
4.18has an activity that in the taxable year generates a deduction for depreciation under
4.19section 168(k)(1)(A) and (k)(4)(A) and the activity generates a loss for the taxable year
4.20that the taxpayer is not allowed to claim for the taxable year, "the depreciation allowed
4.21under section 168(k)(1)(A) and (k)(4)(A)" for the taxable year is limited to excess of the
4.22depreciation claimed by the activity under section 168(k)(1)(A) and (k)(4)(A) over the
4.23amount of the loss from the activity that is not allowed in the taxable year. In succeeding
4.24taxable years when the losses not allowed in the taxable year are allowed, the depreciation
4.25under section 168(k)(1)(A) and (k)(4)(A) is allowed;
4.26    (16) 80 percent of the amount by which the deduction allowed by section 179 of the
4.27Internal Revenue Code exceeds the deduction allowable by section 179 of the Internal
4.28Revenue Code of 1986, as amended through December 31, 2003;
4.29    (17) to the extent deducted in computing federal taxable income, the amount of the
4.30deduction allowable under section 199 of the Internal Revenue Code;
4.31    (18) the exclusion allowed under section 139A of the Internal Revenue Code for
4.32federal subsidies for prescription drug plans;
4.33    (19) the amount of expenses disallowed under section 290.10, subdivision 2;
4.34    (20) for taxable years beginning before January 1, 2011, an amount equal to the
4.35interest and intangible expenses, losses, and costs paid, accrued, or incurred by any
4.36member of the taxpayer's unitary group to or for the benefit of a corporation that is a
5.1member of the taxpayer's unitary business group that qualifies as a foreign operating
5.2corporation. For purposes of this clause, intangible expenses and costs include:
5.3    (i) expenses, losses, and costs for, or related to, the direct or indirect acquisition,
5.4use, maintenance or management, ownership, sale, exchange, or any other disposition of
5.5intangible property;
5.6    (ii) losses incurred, directly or indirectly, from factoring transactions or discounting
5.7transactions;
5.8    (iii) royalty, patent, technical, and copyright fees;
5.9    (iv) licensing fees; and
5.10    (v) other similar expenses and costs.
5.11For purposes of this clause, "intangible property" includes stocks, bonds, patents, patent
5.12applications, trade names, trademarks, service marks, copyrights, mask works, trade
5.13secrets, and similar types of intangible assets.
5.14This clause does not apply to any item of interest or intangible expenses or costs paid,
5.15accrued, or incurred, directly or indirectly, to a foreign operating corporation with respect
5.16to such item of income to the extent that the income to the foreign operating corporation
5.17is income from sources without the United States as defined in subtitle A, chapter 1,
5.18subchapter N, part 1, of the Internal Revenue Code;
5.19    (21) for taxable years beginning before January 1, 2011, except as already included
5.20in the taxpayer's taxable income pursuant to clause (20), any interest income and income
5.21generated from intangible property received or accrued by a foreign operating corporation
5.22that is a member of the taxpayer's unitary group. For purposes of this clause, income
5.23generated from intangible property includes:
5.24    (i) income related to the direct or indirect acquisition, use, maintenance or
5.25management, ownership, sale, exchange, or any other disposition of intangible property;
5.26    (ii) income from factoring transactions or discounting transactions;
5.27    (iii) royalty, patent, technical, and copyright fees;
5.28    (iv) licensing fees; and
5.29    (v) other similar income.
5.30For purposes of this clause, "intangible property" includes stocks, bonds, patents, patent
5.31applications, trade names, trademarks, service marks, copyrights, mask works, trade
5.32secrets, and similar types of intangible assets.
5.33This clause does not apply to any item of interest or intangible income received or accrued
5.34by a foreign operating corporation with respect to such item of income to the extent that
5.35the income is income from sources without the United States as defined in subtitle A,
5.36chapter 1, subchapter N, part 1, of the Internal Revenue Code;
6.1    (22) for taxable years beginning before January 1, 2011, the dividends attributable to
6.2the income of a foreign operating corporation that is a member of the taxpayer's unitary
6.3group in an amount that is equal to the dividends paid deduction of a real estate investment
6.4trust under section 561(a) of the Internal Revenue Code for amounts paid or accrued by
6.5the real estate investment trust to the foreign operating corporation;
6.6    (23) for taxable years beginning before January 1, 2011, the income of a foreign
6.7operating corporation that is a member of the taxpayer's unitary group in an amount that
6.8is equal to gains derived from the sale of real or personal property located in the United
6.9States;
6.10    (24) the additional amount allowed as a deduction for donation of computer
6.11technology and equipment under section 170(e)(6) of the Internal Revenue Code, to the
6.12extent deducted from taxable income; and
6.13(25) discharge of indebtedness income resulting from reacquisition of business
6.14indebtedness and deferred under section 108(i) of the Internal Revenue Code.
6.15EFFECTIVE DATE.This section is effective for taxable years beginning after
6.16December 31, 2010.

6.17    Sec. 3. Minnesota Statutes 2010, section 290.01, subdivision 19d, is amended to read:
6.18    Subd. 19d. Corporations; modifications decreasing federal taxable income. For
6.19corporations, there shall be subtracted from federal taxable income after the increases
6.20provided in subdivision 19c:
6.21    (1) the amount of foreign dividend gross-up added to gross income for federal
6.22income tax purposes under section 78 of the Internal Revenue Code;
6.23    (2) the amount of salary expense not allowed for federal income tax purposes due to
6.24claiming the work opportunity credit under section 51 of the Internal Revenue Code;
6.25    (3) any dividend (not including any distribution in liquidation) paid within the
6.26taxable year by a national or state bank to the United States, or to any instrumentality of
6.27the United States exempt from federal income taxes, on the preferred stock of the bank
6.28owned by the United States or the instrumentality;
6.29    (4) amounts disallowed for intangible drilling costs due to differences between
6.30this chapter and the Internal Revenue Code in taxable years beginning before January
6.311, 1987, as follows:
6.32    (i) to the extent the disallowed costs are represented by physical property, an amount
6.33equal to the allowance for depreciation under Minnesota Statutes 1986, section 290.09,
6.34subdivision 7 , subject to the modifications contained in subdivision 19e; and
7.1    (ii) to the extent the disallowed costs are not represented by physical property, an
7.2amount equal to the allowance for cost depletion under Minnesota Statutes 1986, section
7.3290.09, subdivision 8 ;
7.4    (5) the deduction for capital losses pursuant to sections 1211 and 1212 of the
7.5Internal Revenue Code, except that:
7.6    (i) for capital losses incurred in taxable years beginning after December 31, 1986,
7.7capital loss carrybacks shall not be allowed;
7.8    (ii) for capital losses incurred in taxable years beginning after December 31, 1986,
7.9a capital loss carryover to each of the 15 taxable years succeeding the loss year shall be
7.10allowed;
7.11    (iii) for capital losses incurred in taxable years beginning before January 1, 1987, a
7.12capital loss carryback to each of the three taxable years preceding the loss year, subject to
7.13the provisions of Minnesota Statutes 1986, section 290.16, shall be allowed; and
7.14    (iv) for capital losses incurred in taxable years beginning before January 1, 1987,
7.15a capital loss carryover to each of the five taxable years succeeding the loss year to the
7.16extent such loss was not used in a prior taxable year and subject to the provisions of
7.17Minnesota Statutes 1986, section 290.16, shall be allowed;
7.18    (6) an amount for interest and expenses relating to income not taxable for federal
7.19income tax purposes, if (i) the income is taxable under this chapter and (ii) the interest and
7.20expenses were disallowed as deductions under the provisions of section 171(a)(2), 265 or
7.21291 of the Internal Revenue Code in computing federal taxable income;
7.22    (7) in the case of mines, oil and gas wells, other natural deposits, and timber for
7.23which percentage depletion was disallowed pursuant to subdivision 19c, clause (9), a
7.24reasonable allowance for depletion based on actual cost. In the case of leases the deduction
7.25must be apportioned between the lessor and lessee in accordance with rules prescribed
7.26by the commissioner. In the case of property held in trust, the allowable deduction must
7.27be apportioned between the income beneficiaries and the trustee in accordance with the
7.28pertinent provisions of the trust, or if there is no provision in the instrument, on the basis
7.29of the trust's income allocable to each;
7.30    (8) for certified pollution control facilities placed in service in a taxable year
7.31beginning before December 31, 1986, and for which amortization deductions were elected
7.32under section 169 of the Internal Revenue Code of 1954, as amended through December
7.3331, 1985, an amount equal to the allowance for depreciation under Minnesota Statutes
7.341986, section 290.09, subdivision 7;
7.35    (9) amounts included in federal taxable income that are due to refunds of income,
7.36excise, or franchise taxes based on net income or related minimum taxes paid by the
8.1corporation to Minnesota, another state, a political subdivision of another state, the
8.2District of Columbia, or a foreign country or possession of the United States to the extent
8.3that the taxes were added to federal taxable income under section 290.01, subdivision 19c,
8.4clause (1), in a prior taxable year;
8.5    (10) for taxable years beginning before January 1, 2011, 80 percent of royalties,
8.6fees, or other like income accrued or received from a foreign operating corporation
8.7or a foreign corporation which is part of the same unitary business as the receiving
8.8corporation, unless the income resulting from such payments or accruals is income from
8.9sources within the United States as defined in subtitle A, chapter 1, subchapter N, part
8.101, of the Internal Revenue Code;
8.11    (11) income or gains from the business of mining as defined in section 290.05,
8.12subdivision 1 , clause (a), that are not subject to Minnesota franchise tax;
8.13    (12) the amount of disability access expenditures in the taxable year which are not
8.14allowed to be deducted or capitalized under section 44(d)(7) of the Internal Revenue Code;
8.15    (13) the amount of qualified research expenses not allowed for federal income tax
8.16purposes under section 280C(c) of the Internal Revenue Code, but only to the extent that
8.17the amount exceeds the amount of the credit allowed under section 290.068;
8.18    (14) the amount of salary expenses not allowed for federal income tax purposes due
8.19to claiming the Indian employment credit under section 45A(a) of the Internal Revenue
8.20Code;
8.21    (15) for a corporation whose foreign sales corporation, as defined in section 922
8.22of the Internal Revenue Code, constituted a foreign operating corporation during any
8.23taxable year ending before January 1, 1995, and a return was filed by August 15, 1996,
8.24claiming the deduction under section 290.21, subdivision 4, for income received from
8.25the foreign operating corporation, an amount equal to 1.23 multiplied by the amount of
8.26income excluded under section 114 of the Internal Revenue Code, provided the income is
8.27not income of a foreign operating company;
8.28    (16) any decrease in subpart F income, as defined in section 952(a) of the Internal
8.29Revenue Code, for the taxable year when subpart F income is calculated without regard to
8.30the provisions of Division C, title III, section 303(b) of Public Law 110-343;
8.31    (17) in each of the five tax years immediately following the tax year in which an
8.32addition is required under subdivision 19c, clause (15), an amount equal to one-fifth of
8.33the delayed depreciation. For purposes of this clause, "delayed depreciation" means the
8.34amount of the addition made by the taxpayer under subdivision 19c, clause (15). The
8.35resulting delayed depreciation cannot be less than zero;
9.1    (18) in each of the five tax years immediately following the tax year in which an
9.2addition is required under subdivision 19c, clause (16), an amount equal to one-fifth of
9.3the amount of the addition; and
9.4(19) to the extent included in federal taxable income, discharge of indebtedness
9.5income resulting from reacquisition of business indebtedness included in federal taxable
9.6income under section 108(i) of the Internal Revenue Code. This subtraction applies only
9.7to the extent that the income was included in net income in a prior year as a result of the
9.8addition under section 290.01, subdivision 19c, clause (25).
9.9EFFECTIVE DATE.This section is effective for taxable years beginning after
9.10December 31, 2010.

9.11    Sec. 4. Minnesota Statutes 2010, section 290.17, subdivision 4, is amended to read:
9.12    Subd. 4. Unitary business principle. (a) If a trade or business conducted wholly
9.13within this state or partly within and partly without this state is part of a unitary business,
9.14the entire income of the unitary business is subject to apportionment pursuant to section
9.15290.191 . Notwithstanding subdivision 2, paragraph (c), none of the income of a unitary
9.16business is considered to be derived from any particular source and none may be allocated
9.17to a particular place except as provided by the applicable apportionment formula. The
9.18provisions of this subdivision do not apply to business income subject to subdivision 5,
9.19income of an insurance company, or income of an investment company determined under
9.20section 290.36.
9.21(b) The term "unitary business" means business activities or operations which
9.22result in a flow of value between them. The term may be applied within a single legal
9.23entity or between multiple entities and without regard to whether each entity is a sole
9.24proprietorship, a corporation, a partnership or a trust.
9.25(c) Unity is presumed whenever there is unity of ownership, operation, and use,
9.26evidenced by centralized management or executive force, centralized purchasing,
9.27advertising, accounting, or other controlled interaction, but the absence of these
9.28centralized activities will not necessarily evidence a nonunitary business. Unity is also
9.29presumed when business activities or operations are of mutual benefit, dependent upon or
9.30contributory to one another, either individually or as a group.
9.31(d) Where a business operation conducted in Minnesota is owned by a business
9.32entity that carries on business activity outside the state different in kind from that
9.33conducted within this state, and the other business is conducted entirely outside the state, it
9.34is presumed that the two business operations are unitary in nature, interrelated, connected,
9.35and interdependent unless it can be shown to the contrary.
10.1(e) Unity of ownership is not deemed to exist when a corporation is involved unless
10.2that corporation is a member of a group of two or more business entities and more than 50
10.3percent of the voting stock of each member of the group is directly or indirectly owned
10.4by a common owner or by common owners, either corporate or noncorporate, or by one
10.5or more of the member corporations of the group. For this purpose, the term "voting
10.6stock" shall include membership interests of mutual insurance holding companies formed
10.7under section 66A.40.
10.8(f) The net income and apportionment factors under section 290.191 or 290.20 of
10.9foreign corporations and other foreign entities which are part of a unitary business shall
10.10not be included in the net income or the apportionment factors of the unitary business.
10.11A foreign corporation or other foreign entity which is required to file a return under this
10.12chapter shall file on a separate return basis. The net income and apportionment factors
10.13under section 290.191 or 290.20 of foreign operating corporations shall not be included in
10.14the net income or the apportionment factors of the unitary business except as provided in
10.15paragraph (g).
10.16(g) The adjusted net income of a foreign operating corporation shall be deemed to
10.17be paid as a dividend on the last day of its taxable year to each shareholder thereof, in
10.18proportion to each shareholder's ownership, with which such corporation is engaged in
10.19a unitary business. Such deemed dividend shall be treated as a dividend under section
10.20290.21, subdivision 4.
10.21Dividends actually paid by a foreign operating corporation to a corporate shareholder
10.22which is a member of the same unitary business as the foreign operating corporation shall
10.23be eliminated from the net income of the unitary business in preparing a combined report
10.24for the unitary business. The adjusted net income of a foreign operating corporation
10.25shall be its net income adjusted as follows:
10.26(1) any taxes paid or accrued to a foreign country, the commonwealth of Puerto
10.27Rico, or a United States possession or political subdivision of any of the foregoing shall
10.28be a deduction; and
10.29(2) the subtraction from federal taxable income for payments received from foreign
10.30corporations or foreign operating corporations under section 290.01, subdivision 19d,
10.31clause (10), shall not be allowed.
10.32If a foreign operating corporation incurs a net loss, neither income nor deduction
10.33from that corporation shall be included in determining the net income of the unitary
10.34business.
10.35(h) For purposes of determining the net income of a unitary business and the factors
10.36to be used in the apportionment of net income pursuant to section 290.191 or 290.20, there
11.1must be included only the income and apportionment factors of domestic corporations or
11.2other domestic entities other than foreign operating corporations that are determined to
11.3be part of the unitary business pursuant to this subdivision, notwithstanding that foreign
11.4corporations or other foreign entities might be included in the unitary business.
11.5(i) (h) Deductions for expenses, interest, or taxes otherwise allowable under
11.6this chapter that are connected with or allocable against dividends, deemed dividends
11.7described in paragraph (g), or royalties, fees, or other like income described in section
11.8290.01, subdivision 19d, clause (10), shall not be disallowed.
11.9(j) (i) Each corporation or other entity, except a sole proprietorship, that is part of
11.10a unitary business must file combined reports as the commissioner determines. On the
11.11reports, all intercompany transactions between entities included pursuant to paragraph
11.12(h) (g) must be eliminated and the entire net income of the unitary business determined in
11.13accordance with this subdivision is apportioned among the entities by using each entity's
11.14Minnesota factors for apportionment purposes in the numerators of the apportionment
11.15formula and the total factors for apportionment purposes of all entities included pursuant
11.16to paragraph (h) (g) in the denominators of the apportionment formula. The Minnesota
11.17sales, as defined in section 290.191, of a corporation that is part of a unitary business and
11.18that is not subject to the jurisdiction to tax under section 290.015 must be assigned, as
11.19prescribed by the commissioner, to the numerator of another entity that is part of the
11.20unitary business and that is subject to tax under this chapter.
11.21(k) (j) If a corporation has been divested from a unitary business and is included in a
11.22combined report for a fractional part of the common accounting period of the combined
11.23report:
11.24(1) its income includable in the combined report is its income incurred for that part
11.25of the year determined by proration or separate accounting; and
11.26(2) its sales, property, and payroll included in the apportionment formula must
11.27be prorated or accounted for separately.
11.28EFFECTIVE DATE.This section is effective for taxable years beginning after
11.29December 31, 2010, except the modification of the sales factor in new paragraph (i) is
11.30effective for taxable years beginning after December 31, 2011.

11.31    Sec. 5. REPEALER.
11.32Minnesota Statutes 2010, sections 290.01, subdivision 6b; and 290.0921, subdivision
11.337, are repealed.
12.1EFFECTIVE DATE.This section is effective for taxable years beginning after
12.2December 31, 2010."
12.3Renumber the sections in sequence and correct the internal references
12.4Amend the title accordingly