SF4902 • 2026

Firefighter pension income taxation subtraction establishment

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Mathews
Last action: 2026-03-26
Official status: Introduction and first reading
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Firefighter pension income taxation subtraction establishment

What This Bill Does

Firefighter pension income taxation subtraction establishment

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-03-26 House
Introduction and first reading

Official Summary Text

Firefighter pension income taxation subtraction establishment

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:

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Subd. 40.

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Firefighter pensions.

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(a) The amount of firefighter pension income is a

subtraction.

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(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.

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EFFECTIVE DATE.

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This section is effective for taxable years beginning after December

31, 2025.

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