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Bill > SF3148


MN SF3148

MN SF3148
Social Security unlimited income tax subtraction


summary

Introduced
02/13/2020
In Committee
02/13/2020
Crossed Over
Passed
Dead
05/17/2020

Introduced Session

91st Legislature 2019-2020

Bill Summary

Social Security unlimited income tax subtraction

AI Summary

This bill removes the limits and provisions on the Social Security income tax subtraction, allowing Minnesota taxpayers to subtract the full amount of their taxable Social Security benefits from their state income taxes. The bill makes this change effective for tax years beginning after December 31, 2019.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Taxes (on 02/13/2020)

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