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MN SF3865

MN SF3865
AmeriCorps stipends and living allowances subtraction establishment provision


summary

Introduced
02/26/2026
In Committee
02/26/2026
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to taxation; individual income; establishing a subtraction for AmeriCorps stipends and living allowances; amending Minnesota Statutes 2024, section 290.0132, subdivision 16.

AI Summary

This bill establishes a subtraction for certain payments received by individuals serving in AmeriCorps programs, meaning these amounts will not be subject to state income tax. Specifically, it allows individuals to subtract from their taxable income any stipends paid to AmeriCorps volunteers, living allowances provided to National Civilian Community Corps volunteers, stipends paid to AmeriCorps Seniors volunteers, and educational awards received from the National Service Trust for service in an approved AmeriCorps National Service program. This change is intended to make these service opportunities more financially accessible and is effective for taxable years beginning after December 31, 2025.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Senate Taxes (08:30:00 3/11/2026 ) (on 03/11/2026)

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