HF377

Two-year income tax holiday established for certain teachers.
Legislative Session 94 (2025-2026)

AI Generated Summary

This bill proposes a two-year income tax exemption for certain teachers in Minnesota. To qualify, teachers must have worked at least 1,000 hours in the state during the taxable year and have an adjusted gross income of less than $95,000, or $190,000 if filing jointly. This tax holiday would apply for the years beginning after December 31, 2024, and before January 1, 2027. Teachers eligible for this would still be able to file tax returns to claim any refundable credits that exceed their tax liability.

Bill text versions

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Actions

DateChamberWhereTypeNameCommittee Name
February 13, 2025HouseActionIntroduction and first reading, referred toTaxes
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Progress through the legislative process

17%
In Committee

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