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MN SF587

Bill

Official Source

Status

Introduced

1/27/2025

Primary Sponsor

Torrey Westrom

Click for details

Origin

Senate

94th Legislature 2025-2026

AI Summary

  • Creates a Minnesota individual income tax subtraction for gratuities (tips) received by employees, allowing tip income to be excluded from state taxable income

  • Defines "gratuities" using the existing definition in Minnesota Statutes section 177.23, subdivision 9

  • Amends Minnesota Statutes 2024, section 290.0132 by adding subdivision 36

  • Effective for taxable years beginning after December 31, 2024

  • Authored by Senators Westrom, Draheim, Utke, Gruenhagen, and Drazkowski; referred to Senate Taxes Committee on January 27, 2025

Legislative Description

Paid gratuities to employees tax subtraction provision

Last Action

Referred to Taxes

1/27/2025

Committee Referrals

Taxes1/27/2025

Full Bill Text

No bill text available