Minnesota HF152 modifies individual income tax to exclude compensation for National Guard and reserve service.

Minnesota HF152 amends the state's individual income tax law to exclude compensation for active service from taxable income. This applies to members of the Minnesota National Guard, neighboring states' National Guard, and other reserve components of the U.S. military, including those serving under the Active Guard Reserve (AGR) program. The bill defines "active service" to include state and federally funded state active service, as well as service under U.S. Code, title 32. This change takes effect for taxable years beginning after December 31, 2024.

Minnesota HF152 modifies individual income tax to exclude compensation for National Guard and reserve service.

Minnesota HF152 amends the state's individual income tax law to exclude compensation for active service from taxable income. This applies to members of the Minnesota National Guard, neighboring states' National Guard, and other reserve components of the U.S. military, including those serving under the Active Guard Reserve (AGR) program. The bill defines "active service" to include state and federally funded state active service, as well as service under U.S. Code, title 32. This change takes effect for taxable years beginning after December 31, 2024.