SF1159 (Legislative Session 94 (2025-2026))

Veterans and surviving spouses taxable Social Security benefits full subtraction provision

Related bill: HF1015

AI Generated Summary

This bill, proposed in the Minnesota Senate, aims to adjust how Social Security benefits are taxed for veterans and their surviving spouses. It suggests a complete subtraction of taxable Social Security benefits for these individuals, meaning these benefits would not be taxed. The bill modifies existing law by detailing different income levels and thresholds that affect how much of the Social Security benefits are subtracted from taxable income for different taxpayers. It clearly emphasizes more supportive taxation for veterans and surviving spouses by allowing them not to count their Social Security benefits as taxable income.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 09, 2025SenateFloorActionIntroduction and first reading
February 09, 2025SenateFloorActionReferred toTaxes
February 12, 2025SenateFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [
        "Allows full subtraction of Social Security benefits for veterans and surviving spouses."
      ],
      "removed": [],
      "summary": "This bill modifies the calculation of taxable Social Security benefits, particularly for veterans and surviving spouses, under section 290.0132 subdivision 26.",
      "modified": [
        "Adjusts phaseout threshold and subtraction calculations."
      ]
    },
    "citation": "290.0132"
  }
]