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MN HF3524

Bill

Official Source

Status

Introduced

2/19/2026

Primary Sponsor

Kristin Robbins

Click for details

Origin

House of Representatives

94th Legislature 2025-2026

AI Summary

  • Allows Minnesota taxpayers to subtract qualified overtime compensation from their state taxable income, conforming to the federal deduction under Internal Revenue Code section 225

  • Minnesota's subtraction applies for taxable years beginning after December 31, 2028, overriding the federal timeline specified in IRC section 225(g)

  • Amends Minnesota Statutes 2024, section 290.0132, by adding a new subdivision (Subd. 40) specifically for overtime income

  • Effective retroactively for taxable years beginning after December 31, 2024

Legislative Description

Federal individual income tax deduction for qualified overtime compensation adopted.

Last Action

Author added Van Binsbergen

3/12/2026

Committee Referrals

Taxes2/19/2026

Full Bill Text

No bill text available