SF589
Overtime pay income tax subtraction provision
Legislative Session 94 (2025-2026)
Related bill: HF415
AI Generated Summary
Senate Bill SF No. 589 aims to change the state taxation code by allowing individuals to subtract the amount of money they earn from overtime work from their taxable income. Essentially, this means if the bill is passed, when people work more than the standard workweek hours and earn overtime pay, that extra money won’t be taxed by the state. This would apply to wages, salaries, tips, and other forms of compensation earned as overtime under the applicable state or federal laws.
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 |
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.