The bill proposes an amendment to Minnesota Statutes 2024, specifically section 290.0132, by adding a new subdivision that allows for a subtraction from individual income for gratuities paid to employees. This new provision defines "gratuities" in accordance with the existing definition in section 177.23, subdivision 9.

The effective date for this amendment is set for taxable years beginning after December 31, 2024. This change aims to provide tax relief for individuals who pay gratuities, thereby potentially encouraging tipping practices in service industries.

Statutes affected:
Introduction: 290.0132