Bill
Bill > SF3566
summary
Introduced
02/24/2020
02/24/2020
In Committee
02/24/2020
02/24/2020
Crossed Over
Passed
Dead
05/17/2020
05/17/2020
Introduced Session
91st Legislature 2019-2020
Bill Summary
Unlimited Social Security subtraction from income tax authorization
AI Summary
This bill removes the existing limits and adjustments on the subtraction of taxable Social Security benefits from Minnesota state income taxes. The bill allows taxpayers to subtract the full amount of their taxable Social Security benefits, without any income-based reductions or maximum subtraction thresholds. The changes are effective for tax years beginning after December 31, 2019.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Referred to Taxes (on 02/24/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF3566&ssn=0&y=2019 | 02/22/2020 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=SF3566&version=0&session=ls91&session_year=2020&session_number=0&format=pdf | 02/22/2020 |
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