Live Video
HTV 1

1. Welcome
2. Review and approve October 28, 2026, meeting minutes
3. Review tax expenditure member evaluations summary and vote on the following tax expenditures to be continued, repealed, or modified in accordance with Minnesota Statutes 2026, section 3.8855, subdivision 5(a)(9), for tax expenditure evaluations presented on October 28, 2026:

• Housing Contribution Credit, Minnesota Statutes 2026, sections 290.0683, 297I.20, subdivision 5, and 462A.40 (TEB 1.6.14, 2.6.06, and 12.4.03) 

4. Department of Revenue Presentation on the 2026 Minnesota Tax Expenditure Budget by Director of Tax Research, Eric Willette  
5. LBO Presentation of Initial Reviews and Proposed Objectives for the following tax expenditures:

• Film Production Credit (Modified Proposed Objective), Minnesota Statutes 2026, section 290.06, subdivision 39; section 297I.20, subdivision 4; and section 116U.27 (TEB 1.6.13, 2.6.05 and 12.4.02), (follow-up from October 28, 2026, TERC Meeting)  
• Television Commercials Sales Tax Exemption, Minnesota Statutes 2026, section 297A.68, subdivision 30 (TEB 4.1.46)
• Textbooks and Personal Computers Required for School Use Sales Tax Exemption Bundle, Minnesota Statutes 2026, section 297A.67, subdivisions 13, 13a, and 14 (TEB 4.1.10 and 4.1.11)
• Social Security Income Tax Subtraction, Minnesota Statutes 2026, section 290.0132, subdivision 26 (TEB 1.4.04)
• National Guard and Reserve Pay Income Tax Subtraction, Minnesota Statutes 2026, section 290A.0132, subdivision 11 (TEB 1.4.07)

6. Agenda items for next meeting
7. Other items as determined by the co-chairs
8.  Adjourn

Persons interested in providing written testimony related to TERC topics covered in 2026 must contact Amanda Schnabel by 4:30 p.m. on Monday, November 16, at amanda.schnabel@lbo.mn.gov or (651) 297-7146.

DOCUMENTS:

Meeting documents may be found on the Tax Expenditure Review Commission meeting webpage.

VIEW COMMISSION MEETING:

Meetings may be viewed on the MN House Public Info - HTV1.

WRITTEN TESTIMONY:

The Minnesota Legislature prioritizes accessibility in compliance with Minnesota Statutes 3.199 and the State of Minnesota Digital Accessibility Standard. Please submit written testimony in an accessible format. For information about how to make your document more accessible, visit: the LCC Accessible Written Testimony Guide (https://www.lcc.mn.gov/diversity-and-inclusion/accessible-written-testimony-guide.html).

INTERPRETATION SERVICES, ACCESSIBILITY, AND ACCOMMODATION REQUESTS:

• To request legislative services for live language interpretation in Hmong, Somali, or Spanish, please contact the Committee Administrator 72 hours in advance of when the service is needed.
• To request legislative services for American Sign Language (ASL) please contact the Committee Administrator a minimum of one week before the services are needed.
• To request legislative services for Communication Access Realtime Translation (CART) closed captioning services please contact the Committee Administrator a minimum of two weeks before the services are needed.
• For information on accommodations please visit Accessibility Frequently Asked Questions.
• If you have accessibility or usability comments to share on any Minnesota Legislature website, please submit your comments using the Accessibility & Usability Comment Form.