SF587 (Legislative Session 94 (2025-2026))
Paid gratuities to employees tax subtraction provision
Related bill: HF417
AI Generated Summary
The bill SF No 587, introduced in the Minnesota Senate, is a proposal related to taxes on individual income. It aims to allow individuals to subtract the amount they pay in tips or gratuities to employees from their taxable income. This subtraction only applies to the specific definition of gratuities provided in another section of the law. Essentially, the bill seeks to reduce the tax burden on people who give tips, by not taxing the money used for tipping.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 26, 2025 | Senate | Floor | Action | Introduction and first reading | |
| January 26, 2025 | Senate | Floor | Action | Referred to | Taxes |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "Refers to the meaning of 'gratuities' as defined in Minnesota Statutes section 177.23, subdivision 9.",
"modified": []
},
"citation": "177.23"
}
]