HF756

Dependent exemption doubled.
Legislative Session 94 (2025-2026)

AI Generated Summary

This bill proposes to double the amount of money that taxpayers in Minnesota can deduct from their taxable income for each dependent they have. Currently, each dependent allows a taxpayer to deduct $4,250, but under this new bill, the amount would increase to $10,400 per dependent. This change aims to reduce the tax burden on families by increasing the dependent exemption.

Bill text versions

Introduction PDF file

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Actions

Date	Chamber	Where	Type	Name	Committee Name
February 13, 2025	House		Action	Introduction and first reading, referred to	Taxes
February 19, 2025	House		Action	Author added

Bill information comes from public records published by the Office of the Revisor of Statutes, the Minnesota House and the Minnesota Senate. AI summaries are written by MinneSlate and are not official. MinneSlate is independent and is not affiliated with the State of Minnesota or the Minnesota Legislature.

Office of the Revisor of Statutes

Progress through the legislative process

17%

In Committee