Individual income tax subtraction for firefighter pension income established.

Summary

The bill adds a new subtraction to Minnesota’s individual income tax code for pension income earned by former firefighters. It defines firefighter pension income as annuity or lump‑sum payments from a public retirement plan based on firefighter service. The subtraction will apply to tax years beginning after December 31, 2025.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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