Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF4650: Individual income tax subtraction for income earned by senior taxpayers established
Status: In committee, April 13, 2026
What the bill says
A bill for an act relating to taxation; individual income; establishing a subtraction for income earned by senior taxpayers; amending Minnesota Statutes 2024, section 290.0132, by adding a subdivision.
From the introduced text, March 18, 2026:
A bill for an act relating to taxation; individual income; establishing a subtraction for income earned by senior taxpayers; amending Minnesota Statutes 2024, section 290.0132, by adding a subdivision. Section 1. Minnesota Statutes 2024, section 290.0132, is amended by adding a subdivision to read: new text begin [ADDED: Subd. 40.] new text end new text begin [ADDED: Senior subtraction.] new text end new text begin [ADDED: (a) The amount of income received by a taxpayer who attained the age of 65 or older during the taxable year is a subtraction.] new text end new text begin [ADDED: (b) For a married taxpayer filing a joint return, if either spouse attained the age of 65 or older during the taxable year, the amount of income received by the taxpayer is a subtraction.] new text end new text begin [ADDED: (c) For the purposes of this subdivision, "income" means any income included in adjusted gross income or any amount required to be added to adjusted gross income under section 290.0131.] new text end new text begin [ADDED: EFFECTIVE DATE.] new text end new text begin [ADDED: This section is effective for taxable years beginning after December 31, 2025.] new text end
Sponsors
- Cal Bahr (R) · primary sponsor
- Steve Drazkowski (R)
- Jeff Howe (R)
- Mark Koran (R)
Latest actions
- : Author added Koran
- : Referred to Taxes
- : Introduction and first reading
Common questions
- What is SF4650?
- SF4650 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Individual income tax subtraction for income earned by senior taxpayers established.
- What does SF4650 do?
- In its own words: A bill for an act relating to taxation; individual income; establishing a subtraction for income earned by senior taxpayers; amending Minnesota Statutes 2024, section 290.0132, by adding a subdivision.
- What is the status of SF4650?
- In committee as of April 13, 2026. Latest action: Author added Koran (April 13, 2026).
- Who sponsored SF4650?
- Cal Bahr (R), with 3 co-sponsors.
- Where is the official record for SF4650?
- On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=SF4650&y=2025&ssn=0&b=senate
Source: official Minnesota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.