SF722
Subtraction provision for health insurance premiums
Legislative Session 94 (2025-2026)
AI Generated Summary
Senate SF No 722 is a bill proposed in Minnesota that seeks to amend the state's tax laws. If enacted, the bill would allow individuals to subtract the amount they pay for health insurance premiums from their taxable income when filing their state income taxes. This subtraction would not apply to any amount already used to calculate other tax credits. The intention behind this bill is to provide some financial relief by reducing the income tax burden on those paying for health insurance.
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 27, 2025 | Senate | Action | Introduction and first reading | ||
| January 27, 2025 | Senate | Action | Referred to | Taxes | |
| March 24, 2025 | Senate | Action | Author stricken | ||
| Showing the 5 most recent stages. This bill has 3 stages in total. Log in to view all stages | |||||
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Progress through the legislative process
In Committee
Sponsors
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