Plain English Breakdown
The plain English breakdown is still being put together. The official documents below are already here.
HF4574 • 2026
Individual income tax subtraction for firefighter pension income established.
Individual income tax subtraction for firefighter pension income established.
Taxes
Passed Legislature
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
Bill History
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2026-03-23
House
Introduction and first reading, referred to Taxes
Official Summary Text
Individual income tax subtraction for firefighter pension income established.
Current Bill Text
Read the full stored bill text
A bill for an act relating to taxation; individual income; establishing a subtraction for firefighter pension income; amending Minnesota Statutes 2024, section 290.0132, by adding a subdivision. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. Minnesota Statutes 2024, section 290.0132, is amended by adding a subdivision to read: new text begin Subd. 40. new text end new text begin Firefighter pensions. new text end new text begin (a) The amount of firefighter pension income is a subtraction. new text end new text begin (b) For the purposes of this subdivision, "firefighter pension income" means annuity income or a lump-sum payment from a public retirement plan based on service as a firefighter, as defined in section 299N.01, subdivision 3. new text end new text begin EFFECTIVE DATE. new text end new text begin This section is effective for taxable years beginning after December 31, 2025. new text end